$Micron Technology(MU)$ I don't see this slowing down anytime soon, likely not until the end of 2028-29. The momentum, supply/demand dynamics, new developments, and new contracts all point that way. Just imagine how many more applications memory will have once something new is developed or invented? Robotics, for instance? This isn't ending anytime soon. Micron will be a key player for the next five years plus. It's not really cyclical at this stage; the paradigm has shifted. Everything, even your fridge and coffee maker, will need memory, as will all modern vehicles. Don't forget the space industry. And what about the Internet of Things? I think we're at the beginning of a completely new era driven by AI.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
