๐Ÿ“‹ Micron EVP states meaningful memory chip supply will start in late 2027, implying tight supply until then, which could support pricing

medium convictionFirst mentioned Feb 2, 2026 at $437.80

Micron EVP states meaningful memory chip supply will start in late 2027, implying tight supply until then, which could support pricing.

Evidence & details
Evidence
  • +Jensen Huang projection of AI capex reaching $3-4 trillion annually by 2030
  • +List of companies and their specific roles in AI infrastructure
Catalysts
  • โšกExponential increase in AI capex
  • โšกShift to silicon photonics and CPO
  • โšกExpansion of neoclouds and memory demand
Risks
  • โˆ’Execution risk for small companies
  • โˆ’Competition from larger players
  • โˆ’Technological disruption

Chart

Post Timeline ยท 4 posts

thesis updatemedium

Micron EVP and Chief Business Officer Sumit Sadana: Even with all the new investments, meaningful memory chip supply will only start coming online in late 2027 and ramp up in 2028. $MU

Thesis: Micron EVP states meaningful memory chip supply will start in late 2027, implying tight supply until then, which could support pricing.

new thesishigh

AI capex spend is expected to go to "$3 to $4 trillion annually" by 2030 from $NVDA Jensen Huang projections. You're not bullish enough. And it might be a good idea to stay exposed + own the keys of the AI Kingdom: -> $AXTI controls the materials buildout with photonics. -> โ€ฆ

Thesis: AI capex growth to $3-$4 trillion annually by 2030 will benefit companies controlling key AI buildout components: photonics, silicon photonics, laser chokepoints, epiwafer supply chains, neoclouds, anโ€ฆ

view on X โ†—AXTI ยท SOI ยท SIVE ยท IQE ยท NBIS ยท MU ยท SNDK
noise

This market is brutal. If your stock doesnโ€™t have Win in its name like a certain foundryโ€ฆ More likely than not macro > individual stock fundamentals from $MU and $META. Just a good reminder not to margin or irresponsibly overleverage during this time. Especially as a limitedโ€ฆ

Thesis: Market commentary on macro factors overriding fundamentals, with warning against overleverage and geopolitical risks.

new thesishigh

Kevin Warsh is the next Federal Reserve Chair. Markets may confuse him as a "Hawk". His actual stance in 2026 is nuanced. Here's his policies and how they affect the markets: 1. AI/Semis ( $NVDA, $MU): Extremely Bullish 2. Metals (Silver, Gold): Extreme Bearish 3. Crypto ( โ€ฆ

Thesis: Kevin Warsh as Fed Chair is expected to be bullish for AI/semis (NVDA, MU), crypto (BTC, CRCL), banking (JPM, BOA), small-caps (RUT), and cautious for European stocks (VGK, EZU), based on his pro-AI, โ€ฆ

view on X โ†—NVDA ยท MU ยท BTC ยท CRCL ยท JPM ยท BOA ยท RUT ยท VGK ยท EZU
Current Price
$923.52
via cornerstones
Return from entry
+110.95%
entry Feb 2, 2026 @ $437.80
Signal-day returns
+7 days-12.40%
+30 days-8.46%
Thesis Lifecycle
โš ๏ธ
review neededFeb 20, 2026

The post compares implied volatility of MU (71%) and EWY (40%), suggesting a potential mispricing opportunity in long-dated options due to structural shifts from AI memory supercycle and historical flat periods for Korea.

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updatedMar 10, 2026

NAND price surge benefits memory companies due to inelastic supply and strong demand from hyperscalers.

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updatedMar 10, 2026-1 conv

NAND price hikes and structural memory demand will lead to strong operating income for memory companies, contrary to consensus that rate hikes are unsustainable.

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updatedMar 13, 2026+1 conv

Memory prices are expected to remain elevated due to unbroken hyperscaler demand outstripping supply growth, leading to explosive operating margin increases for memory makers.

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updatedMar 15, 2026

Memory cycle structural change due to AI leads to sustained high profits despite future price declines, making memory companies like SK Hynix, SNDK, and MU undervalued.

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updatedMar 16, 2026

Memory names are bullish due to structural demand and high operating profits, with SK Hynix potentially making $400B in operating profit by 2028, indicating room for re-rating.

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updatedMar 16, 2026

Memory sell-off due to Helium concerns was overblown; fundamentals strong with NAND/DRAM hikes beyond estimates and company statements of no material effect.

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updatedMar 16, 2026

Memory names are critical to AI buildout; fears of disruption from Iran conflict are overblown, and long-term operating income will drive prices.

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updatedMar 18, 2026

Tailwinds for SK Hynix and Samsung as US investors gain access, with MU remaining very bullish despite SK Hynix's lower valuation.

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updatedMar 21, 2026-1 conv

MU is up 34%+ YTD due to high profits, and would be up more without geopolitical headwinds like the Iran war.

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updatedMar 24, 2026

Prefers SK Hynix over MU at current levels, but remains bullish on memory sector overall. Fears about LNG/helium/crude do not significantly impact opex, and demand looks structural past 2028.

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updatedMar 30, 2026

Bullish on memory names like MU due to structural demand and high gross margins, but macro/war risk may overshadow performance.

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๐Ÿ“
updatedMay 9, 2026+1 conv

Recent semiconductor developments indicate bullish opportunities across multiple tickers: Intel benefits from Apple shift, Micron from memory tightness and price increases, TSM from revenue growth, NBIS from compute demand, LPK from glass substrate acceleration, and SanDisk from NAND price rise.

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updatedMay 24, 2026

AI capex growth to $3-$4 trillion annually by 2030 will benefit companies controlling key AI buildout components: photonics, silicon photonics, laser chokepoints, epiwafer supply chains, neoclouds, and memory.

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updatedMay 25, 2026-1 conv

Trump's praise for MU and recent price momentum suggest further upside, expecting break above 800.

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updatedMay 26, 2026

MU็ช็ ดๅ‰้ซ˜๏ผŒๅ—็‰นๆœ—ๆ™ฎๅ–Šๅ•ๅŠ็‘ž้“ถ1625็›ฎๆ ‡ไปทๆๆŒฏ๏ผŒๅ‡†ๅค‡้•ฟๆœŸๆŒๆœ‰ใ€‚

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updatedMay 26, 2026

MU reaching $1T market cap validates structural AI memory demand thesis, comparing to NVDA.

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updatedMay 27, 2026+1 conv

ๅญ˜ๅ‚จๅคงๅŽ‚้€š่ฟ‡้•ฟๆœŸๅ่ฎฎ้”ๅฎšไบง่ƒฝใ€ๆ”ถๅ…ฅๅ’Œ้ฃŽ้™ฉ๏ผŒๅผฑๅŒ–ๅ‘จๆœŸๆ€ง๏ผŒๅฏผ่‡ดไผฐๅ€ผ้‡ไผฐใ€‚

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updatedMay 27, 2026

UBS raised MU target to $1625 based on belief that memory cycle is structurally different due to long-term agreements (LTAs) with deposits and price floors, sustaining high EPS through 2029 even in a mild downturn.

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updatedMay 28, 2026

Micron EVP states meaningful memory chip supply will start in late 2027, implying tight supply until then, which could support pricing.

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