Seeking Alpha
13 Oct 2026, 12:48 UTC · 1h ago
Micron: The HBM Pricing Reset Makes Me A Buyer (Rating Upgrade)
Impact · against what's priced in
The upgrade to Micron is based on catalysts the market is already discounting, specifically the HBM3E sell-out through 2027 and near-term AI earnings expansion. Because the current price already assumes these outcomes, the news is not a material catalyst for MU or NVDA.
- MU+0.00
Already priced in
- The price assumes
The complete sell-out of HBM3E supply through 2027
The article's bullishness on HBM pricing and demand through 2027 is already baked into the price, which assumes a complete sell-out of HBM3E supply for that period.
What MU's price assumes · Sep 9
