For me, I am watching $Micron Tech(MU.US) most closely this week ahead of the September 30 earnings. The recent strength in AI infrastructure continues to support the memory cycle, but I do not want to chase the stock purely on expectations. I am looking for evidence that HBM, DRAM and NAND demand remains strong, while pricing and margins continue to improve. Earnings guidance will be especially important because it can tell us whether the current AI memory demand is sustainable or already priced in.
I am still comfortable holding and gradually adding on pullbacks rather than making a large move before earnings. With Treasury yields staying elevated and October hike expectations still in focus, volatility could remain high even if Micron delivers solid numbers. My approach is simple: follow the fundamentals, respect the technical levels, and let the earnings confirm the thesis instead of chasing the excitement.
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