Seeking Alpha
09 Oct 2026, 21:05 UTC · 1h ago
DRAM: Buy The Dip In The Most Important AI Bottleneck
Impact · against what's priced in
The article provides no new catalysts for Micron as the market has already fully priced in the shift toward take-or-pay contracts and the current HBM supply bottleneck. For Samsung and SK hynix, the favorable long-term dynamics are positive, though partially offset by recent earnings misses.
- MU+0.00
Already priced in
- The price assumes
The $100 billion in contracted revenue through 2030, backed by $22 billion in customer deposits and take-or-pay agreements.
The mention of multi-year take-or-pay contracts stabilizing earnings is already reflected in the market's valuation of Micron's long-term contracted revenue.
What MU's price assumes · Sep 9
