Micron Tech Commentator$Micron Tech(MU.US) management and JPMorgan indeed gave the market confidence, especially management's comments to the media were particularly important. The market was previously concerned about HBM4 and the downturn in the PC and mobile phone markets. Yesterday, they told everyone that we have buyers for our HBM4, and a lot of them. We are also shipping a quarter early, meaning the Q1 earnings report won't be bad, it will be better than you think (because the HBM4 that was originally scheduled to ship next quarter is now shipping early, and you should know this stuff isn't cheap).
I personally haven't done much these past few days, added a small position around 370, and my April calls remain unchanged.
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