My Thoughts on$Micron Technology(MU.US)$The quarter was really solid. Balance sheet and cash flow management is impressive and reflects corporate discipline. The guidance is solid. The CEO is not only confident, but he is also talking about long-term agreements through 2025 with his clientele. Remember without memory, there is no AI, there are no AI-infrastructure providers like$NVIDIA(NVDA.US)$, and there are no AI software developers and cloud providers like mega-...
Roger77 :
Forward p/e is only in the 20’s vs higher sector comps - so that’s long term bullish. Negative eps will likely be overlooked given their fortuitous sector outlook
I compare$Western Digital(WDC.US)$to$Seagate Technology(STX.US)$, both HDD giants and potentially benefit from AI development theme. The demand for large-capacity HDD products driven by the artificial intelligence market has caused overall HDD prices to surge. According to the latest updates, American memory giant Western Digital confirmed for the first time on April 8th that there is a supply shortage for both HDD and SSD. They issued formal customer lette...
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Momentum Trader :
Nice charts. Malaysia should benefit from it too!
Speaking of recent global AI development, will more data centres worldwide boost the demand for Hard Disk Drive (HDD) and benefit one of the HDD manufacturer giant$Seagate Technology(STX.US)$? Following the announcement of a price increase by the US HDD giant$Western Digital(WDC.US)$, hard drive manufacturer Seagate Technology has also announced that it will raise prices in response back in Apr 2024, expect to have positive impact for their future QR. Due ...
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Jayn_Weak :
why the liabilities is more than its assets? is it a good fundamental??
Roger77 : Forward p/e is only in the 20’s vs higher sector comps - so that’s long term bullish. Negative eps will likely be overlooked given their fortuitous sector outlook![+1 👍](https://static.moomoo.com/nnq/emoji/static/image/img-apple-64/1f44d.png)
BelleWeather : Same positions!
Jensen 108 : everyone or most look for immediate impact on stocks gain. expectation always exceeded performance delivery. reality world![undefined undefined](https://static.moomoo.com/nnq/emoji/static/image/default/default-black.png?imageMogr2/thumbnail/36x36)
Space Dust Jensen 108: I picked and listed krtl here yesterday, you guys are more into Pokemon than money