Micron (MU) announced its earnings report after the market close, with extremely strong performance. Revenue reached $41.46 billion, more than 4 times last year's $9.3 billion, nearly double the previous quarter's $23.86 billion, far exceeding expectations of about $35.84 billion. GAAP net income reached $28.24 billion ($24.67 per share), with a gross margin of 84.6%. Management guidance indicates next quarter's revenue will reach an astonishing approximately $50 billion, with a gross margin of about 86%, as AI memory demand continues to outstrip supply.

The growth rate of Micron's stock price is extraordinary, and amidst the excitement, there is inevitably some concern. With the stock price so high, who knows when a sharp turn might come?