Micron Stock Forecast

[anuragt]

Memory chip boom is over. Wherever I post this I get the hatred. It's like nobody is wanting to see the truth.

Actually boom is not over. Because chip demand is there. Just the hyperbolic demand that is made by AI is coming to an halt I suppose.

[joycer]

https://www.barrons.com/articles/micron-...f-e64a807e

Micron Stock Is Leading a Brutal New Chip Slump

-Micron stock fell sharply Tuesday, following a 2.3% decline on Monday.

-Other big decliners in the tech sector include Sandisk and Western Digital.

-Stocks turned sharply lower following reports that a Chinese company is producing key chipmaking machines.

As I mentioned demand will always be there. But it looks like AI hype is going get hit hard. Specially the Chinese competing with ASML. Now I knwo they are not the cutting edge but still.

[anuragt]

Micron is at $739 now.

Almost around 10% it is falling day by day. It rose to these heights at the exact the same way. Chinese are making everyone nervous.

[anuragt]

Aren't you guys buying the dip?

[vk_lord]

Aren't you guys buying the dip?

We are the in K shaped economy now. So, their boom is natural. They can rise further. So, why risk and put of this for a few bucks?

[joycer]

At this point all of Korea, WSB and everybody else wants to know what's going to be next for micron.

Many are doing just pump and dump though.

[berlin_times]

Prediction: Micron Is Up 240% This Year, and Here Is the Next Catalyst

https://finance.yahoo.com/markets/stocks...ccounter=1

K shaped economy.

[totally_agree]

Many are predicting that Micron shares will be worth above $1000 by the end of 2027. I am sure if they rotating the dollar then yes.