AI: The Only Game In Town

Impact · against what's priced in

The article provides no new catalyst for NVDA or MU, as the projected capex surge and their dominance in S&P 500 growth are already reflected in current valuations. The news merely confirms the bullish environment the market has already priced in.

MU+0.00

Already priced in

The price assumes

The current AI-driven surge in DRAM and HBM demand

The forecast of massive hyperscaler capex spending confirms the demand environment that has already lifted revenue 48.9% year-over-year.

What MU's price assumes · Sep 9

• capex▲8%
• NVDA▲4%
• earnings▲3%
• MU
• semiconductors
• ai
• banking software