Preview| $MU FY26Q4: Focusing on Earnings Sustainability; A Higher, Longer Plateau Another beneficiary of emergence of Muse and other consumer agents Over the past three months, many market participants have been concerned that memory prices would drop rapidly after peaking, following the path seen in past consumer electronics cycles. However, we already expressed our view in our report following our attendance at FMS in early August: we believe memory prices are more likely to settle into a longer plateau after reaching their peak. We can broadly divide the memory market into two segments: consumer electronics and AI. In the consumer electronics segment, memory price increases are indeed approaching their limit; however, due to persistent supply shortages and limited newly added capacity, we see little chance of a sharp pullback in consumer electronics memory prices. In AI, while we clearly can no longer expect the QoQ increases seen in 26Q1 and 26Q2, based on our checks, we believe the price increases in 26Q3 and 26Q4 could exceed expectations and may continue to rise in 27Q1. Detailed Report

[Preview: Golden Hind's Dual-Form (Dynamic) skin - The Pale Phantom's Smile] Heheh, heheheh~ Commander~ Where are you hiding?~ Aah, there you are♥ *Content is in development and may not reflect the final version. #AzurLane# #Yostar#

[Preview: Golden Hind's Dual-Form (L2D) skin - The Pale Phantom's Smile] Heheh~ Why so bashful? Looking away won't hide your pounding heartbeats from me... It's practically begging for us to melt in this bath together♥ *Content is in development and may not reflect the final version. #AzurLane# #Yostar#

[Preview: Yorck's Dynamic skin - Phantasmagoric Night Dancer] Spinning on my own under the spotlight feels so unsatisfying... Oh, you're here. Hurry up and come dance with me, would you? *Content is in development and may not reflect the final version. #AzurLane# #Yostar#

[Preview: Shoukaku's Dynamic skin - The Crane's Gratitude] Commander, it's me. Even if a blizzard tears us apart, a grateful crane can always find her beloved♪ *Content is in development and may not reflect the final version. #AzurLane# #Yostar#

[Preview: Cheshire's L2D+ skin - Cheshire Cat's Fairytale Maze] Turn the page, Owner! One more time~ Oh, there it is! Hehehe, the Cheshire Cat's fairytale maze takes the stage! Do you like it, Owner? *Content is in development and may not reflect the final version. #AzurLane# #Yostar#

Preview #2# - After she "lo-key" hunted they went at it 🔥 Its Complicated Series: S1E15 "Girls Gotta Hunt Too" dropping this Sunday 🗓️ on @TheFlourishxxx 🏆 ⭐️Lexa Jo (twt susp) & @Darrenblazeent 🎥 🎞️ by @mrflourish69 🔗 ⬇️

[Preview: Hakuhou's L2D+ skin - Sunshower Fox Bride] I will await your return, Commander, with this sunshower as my company. You need not worry: it's alright if you run a little late. I know you will return to my side someday. *Content is in development and may not reflect the final version. #AzurLane# #Yostar#

[Preview: Friedrich Carl's L2D+ skin - The Midnight Channel] You must have been lonely, little one, staring at a screen so late at night... You must need my love. Don't be afraid... I'm on my way~ *Content is in development and may not reflect the final version. #AzurLane# #Yostar#

[Preview: Amatsukaze's Dynamic skin - The Fox Spirit Descends On Heavenly Winds] Although waiting around isn't part of my job, I must admit... I find myself looking forward to meeting with you. Since you've come all this way, sit next to me and let me take a nice look at you~ *Content is in development and may not reflect the final version. #AzurLane# #Yostar#