Micron Is Making Record Profits, But a Taiwan Union Just Voted 99% to Authorize a Strike

Impact · against what's priced in

Micron's record fiscal 2026 earnings confirm the AI-driven surge the market already anticipates, but the imminent risk of a large-scale strike in Taiwan introduces a new supply-side variable. While high margins make profit-sharing affordable, the Oct 22 mediation session for 11,000 Taichung workers creates a concrete risk to the production stability required to meet HBM3E commitments.

MU+0.00

Already priced in

The price assumes

The current AI-driven surge in DRAM and HBM demand