Shocking Math: The Numbers Say $1,750 Is Within Reach for Micron Stock - Barchart.com

Micron Technology delivered one of its strongest quarterly performances in history, driven by robust demand for memory chips fueled by hyperscalers and enterprises investing heavily in AI infrastructu... Read original →

Micron’s surge isn’t a cyclical bounce—it’s a structural inflection driven by AI infrastructure’s insatiable demand for HBM. Technologically, HBM3E/HBM4 is straining TSV and CoWoS packaging capacity, indirectly inflating BOM costs and lead times for NVIDIA’s AI accelerators. On compliance, U.S. export controls temporarily shield Micron’s premium DRAM pricing but will accelerate HBM ecosystem development in Taiwan, China and mainland China, eroding the exclusivity of its take-or-pay SCAs by 2030. Competitively, Samsung and SK Hynix will likely pivot from price wars to co-developing HBM with NVIDIA and AMD to capture AI server share. Over the next 12–24 months, even if consumer DRAM/NAND softens, AI-optimized memory will remain supply-constrained, permanently lifting Micron’s gross margin floor above 70% and re-rating it as a growth—not cyclical—semiconductor play.