Stock Market: Will S&P 500 Open Up or Down Today?

Impact · against what's priced in

The market is largely indifferent to the AI demand signals from AMD and Micron as these are already baked into current valuations. The primary new catalyst is the geopolitical risk stemming from potential US military strikes in Iran, which introduces fresh downward pressure on broad indices.

MU+0.00

Already priced in

The price assumes

complete sell-out of HBM3E supply through 2027

Signals that demand will exceed supply through 2027 and 2028 confirm the existing market assumption regarding the HBM3E sell-out.

What MU's price assumes · Sep 9

• AMD▲21%
• semiconductors
• treasury yields
• MU
• ipo
• inflation
• geopolitics
• DIA
• QQQ
• SPY