$Micron Tech(MU.US)

I would love to be bullish on Micron. Really do. And in actuality, I am bullish with it’s fundamentals as well as the memory space in general.

Memory is so critical going forward, lack of it means lack of ‘AI capacity’. AI needs memory to scale and function at its peak especially inference wise.

However, fundamentally bullish does not equal to buy at all costs. As we all know, a great company does not equate a good price. And when you buy despite price being expensive means one thing - FOMO. Yes if you ride it long enough, you will still gain. But isn’t a discount a good thing?

Results are around the corner for Micron and huge block trades have been hitting the tape recently. Question is ‘Are they buying or selling?’. I believe time will tell. At this point of time, I rather stay safe.

@Bridge Buzz SG