$Micron Technology(MU)$ SK Hynix will be aggressively buying back cheap shares, and Micron will follow suit as soon as CHIPS Act restrictions expire December 9th.
$SK hynix(SKHY)$ Koreans don't play small, they play on a galactic scale. SK Hynix's reported margins are approaching 80%. Then look at the long-term investment plans: Samsung ~$1.7T SK Hynix ~$740B TSMC ~$265B Micron $250B+ Tesla/SpaceX Terafab potentially $100B+ Different technologies and timelines, of course. But SK Hynix's ~$400B Yongin complex is already under construction. Physical AI, robotics, agentic AI, space computing, biotech discoveries... all demanding more chips, memory and compute. Nobody knows how big demand could become by 2030 and beyond. If this isn't one of the strongest signals of where AI is heading, I don't know what is. There's a lot of money flowing into South Korea right now. The real hurricane might still be coming
$Micron Technology(MU)$ Sounds promising, but they probably aren't going to announce anything super significant and front-run the start of their buybacks. Any real investor should be able to have patience for a couple of months. The cheaper the stock, the more shares they can buy back, and the more they increase earnings per share as the share count decreases.