Friends 🤗, worshipping Nvidia is one thing, but I peeked into Micron's analytics and was blown away! 🤯
💥 What's the hype?
• Artificial intelligence is desperately lacking memory.
• Micron produces that same super-fast HBM memory, without which neural networks lag like we do on Monday mornings ☕️.
• The market is facing wild scarcity, and the charts are screaming 'Buy aggressively' 🔥.
Yes, stocks have only slightly dipped from the peak of $1089 to $1041. But this is just a breather before the leap into the stratosphere! 📈
🤠 Analysts have gone crazy
Big banks are having a competition to see who can shout the higher number before the reports:
• Stifel and TD Cowen are expecting Micron at $1500! 🤯
• Wedbush predicts modestly 🔮 $1300.
🤔 Verdict
Micron is the main supplier for the II-gold rush. The current price dip is a luxurious discount for a ticket to the moon 🪐. The target of $1300+ looks absolutely realistic.
🤗 Are we jumping on the hype train or waiting on the platform with tears in our eyes?😁
