Micron
Memory and storage chips, including the high-bandwidth memory used in AI accelerators.
Public · NASDAQ:MU- Sector
- Semiconductors
- Based in
- Boise, United States
- Founded
- 1978
- Invested
- Jun 2024
Micron Technology designs and manufactures memory and storage chips: DRAM, NAND flash and solid-state drives. Its products are used in data centres, PCs, smartphones, cars and industrial equipment.
Micron is one of only three major DRAM makers in the world, alongside Samsung and SK Hynix. Demand for its high-bandwidth memory (HBM), which sits beside the processor in AI accelerators like Nvidia's, has made AI a key driver of its business.
Micron was founded in Boise, Idaho, in 1978, and remains headquartered there. It has factories in the US, Japan, Taiwan and Singapore, and is building new US fabs in Idaho and New York.
As of 29 Sep 2026
Why I own it
AI is limited by memory as much as by compute. Every accelerator needs high-bandwidth memory stacked beside it, and Micron is one of only three companies that can make it.
Memory has always been cyclical, but AI changes the size of the market. More models, longer context and more users all mean more memory, for a long time.
Then · Jun 2024
Since I invested
- Held for
- 2 years, 4 months
- Status
- Active
- Share price, past year
- +439%
- In the notebook
- 2 notes
Thesis check since 29 Sep 2026
4 developments support it, 1 challenges it
- SupportsNAND flash prices are tipped to keep rising into 2027
- SupportsAt Micron, manufacturing is about more than facilities. It's about creating opportunities, strengthening communities, ad
- ChallengesBurry swaps his Micron short for puts struck near $500
Checked against the thesis by Jev, an AI model. Can be wrong.
From the notebook
All notesTheme
NAND flash prices are tipped to keep rising into 2027
Gartner expects global NAND flash revenue to surge 372 percent in 2026 on tight supply and AI data centre demand, with another 30 percent price rise pencilled in for 2027. Sandisk, which holds around 11 percent of the NAND market, posted fiscal 2026 revenue up 175 percent to $20.25bn on the back of it. Micron sells into the same crunch, though its mix leans more to DRAM and high bandwidth memory than Sandisk's NAND-heavy lineup.
Since this note:Sandisk −6.4%Micron −3.6%(S&P 500 +0.6%)
What could go wrong
Burry swaps his Micron short for puts struck near $500
Michael Burry replaced his Micron short with put options expiring June 2027 with strike prices in the $500 range, telling subscribers he is "moving timelines up" on an AI bubble call. That is a bet the stock roughly halves within nine months. Citi, by contrast, lifted its Micron target from $1,150 to $1,300 on 23 September citing tight DRAM supply, right after Micron posted record fiscal Q4 revenue of $54.2bn.
Since this note:Micron −5.6%(S&P 500 +1.3%)
SandiskWritten by AI from share prices, the companies' posts and the news. Can be wrong; not financial advice.
Latest on X
@MicronTech- Micron@MicronTech · 9 OctImagine a delivery robot cruising down the sidewalk to bring your dinner, when suddenly, a fallen branch blocks its path. How does it know to stop or steer around it?
That's thanks to #edgeAI! Instead of sending video footage to a cloud server and waiting for instructions, the robot uses AI to process its camera and sensor data right on the device.
4547 - Micron@MicronTech · 8 Oct👀113135
- Micron@MicronTech · 6 OctFor 48 years, innovation at Micron has started with people.
From breakthrough technologies to meaningful community impact, our team members have helped shape what's possible by bringing curiosity, collaboration, and a commitment to making a difference every day.
As we reflect on our journey, we're grateful for the people who power our success, the communities that support us, and the spirit of innovation that continues to inspire what's next.
1856 - Micron@MicronTech · 3 OctAt Micron, manufacturing is about more than facilities. It's about creating opportunities, strengthening communities, advancing innovation, and helping build a more resilient semiconductor supply chain.
Right now, Micron is expanding memory and storage manufacturing and advanced packaging across the globe, with new fabs in Idaho and New York, a modernized manufacturing facility in Virginia, manufacturing and advanced packaging investments in Singapore, a cleanroom expansion in Japan, expanded operations in Taiwan, and India’s first assembly and test facility in Sanand. In the United States alone, this includes more than $250 billion in manufacturing and R&D investments expected to create over 90,000 jobs while helping meet growing demand for the memory and storage that power AI and other transformative technologies.
Semiconductor manufacturing is one of the most complex processes in the world, built by the engineers, technicians, construction teams and community partners at Micron sites everywhere we operate. Happy International Manufacturing Day.
#InternationalManufacturingDay #Manufacturing #Innovation
4529 - Micron@MicronTech · 2 OctFollowing Micron's record fiscal Q4 and fiscal year 2026 results, Chairman and CEO Sanjay Mehrotra joined CNBC's Jim Cramer on Squawk on the Street to discuss the growing importance of memory and the strong demand environment driving Micron's momentum.
"Memory is key in this era of AI or super intelligence. Micron has a comprehensive portfolio of technology, products, manufacturing capabilities, and we continue to address the fast growing opportunities ahead," Sanjay shared, highlighting Micron's technology leadership, expanding customer commitments and continued investment in the talent powering that success.
Watch the full interview: https://cnb.cx/4dhYy7K1228302
