Seeking Alpha
12 Oct 2026, 15:50 UTC · 1h ago
Micron: More For Longer
Impact · against what's priced in
The news is largely noise for Micron as the current price already reflects the AI-driven demand surge, HBM3E sell-outs through 2027, and the multi-billion dollar contracted revenue through 2030. While the Q4 beat is positive, it confirms the near-term trajectory the market has already endorsed.
- 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 article highlights that strategic customer agreements now cover over 35% of revenue through 2030 with binding commitments; however, the market already pays for these specific long-term contracts and deposits.
What MU's price assumes · Sep 9
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