Seeking Alpha
27 Oct 2026, 19:00 UTC · 3h ago
Tech Bubble Will Pop In 2027
Impact · against what's priced in
The article's AI bubble timeline and general semi-cap optimism are already reflected in current valuations, offering no fresh catalyst. However, the warning on memory pricing and non-AI demand creates immediate downward pressure on Micron and Western Digital, as their prices currently assume high growth through 2027.
- MU−0.50
Challenges what's priced in
- The price assumes
The complete sell-out of HBM3E supply through 2027
The claim that the memory story has 'broken' due to moderating price increases and weakening non-AI demand directly undermines the assumption that AI demand alone can sustain current pricing power through 2027.
What MU's price assumes · Sep 9
