$Micron Tech(MU.US) The core contradiction for Micron is: the fundamentals (HBM sold out, DRAM price hikes, soaring profits) are extremely strong, but after the stock price surged over 8 times in a year, all the good news has already been priced in. Yesterday's 13% plunge shows the market is already very nervous—any little disturbance can trigger a sharp sell-off. The most critical variable after the earnings report is not "whether Q3 results are good"—they're almost certain to be very good—but whether the Q4 guidance can meet the market's excessively high expectations. If the Q4 guidance is strong, the stock price may rebound; if the guidance falls short of expectations, $1,000 or even $920 could be tested soon.