$Micron Tech(MU.US) The fundamental story for Micron is real. HBM is sold out, DRAM prices are rising, and AI demand remains strong. However, after an 820% surge in a year, all optimistic expectations have already been priced in. The earnings report itself will likely beat expectations, but beating expectations doesn't guarantee a stock price increase. What the market needs is a significant earnings beat + continued upward revisions to next year's guidance. If any part falls short of being impressive, it could trigger profit-taking.
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