Athu(@athuinvests):$MU earnings BULLISH notes: - SCAs went from 16 to 26 and RPO from $100B to $150B in one quarter - Q1 FY27 is the gross margin floor for the year, and margins go higher from there - Memory and storage get much tighter in 2027 and 2028, and Micron has no line of sight to DRAM supply and demand returning to balance - Physical AI can become a significant driver of memory and storage demand by the end of the decade - Building the industry's first custom HBM4E with NVIDIA (NVHBM), with a strong roadmap beyond it - Server units are growing in the high-teens in 2026 and 2027, while industry DRAM bits grow in the low-20s in 2027 and 2028 and stay supply constrained

2026.09.30 20:47

$MU earnings BULLISH notes: - SCAs went from 16 to 26 and RPO from $100B to $150B in one quarter - Q1 FY27 is the gross margin floor for the year, and margins go higher from there - Memory and storage get much tighter in 2027 and 2028, and Micron has no line of sight to DRAM supply and demand returning to balance - Physical AI can become a significant driver of memory and storage demand by the end of the decade - Building the industry's first custom HBM4E with NVIDIA (NVHBM), with a strong roadmap beyond it - Server units are growing in the high-teens in 2026 and 2027, while industry DRAM bits grow in the low-20s in 2027 and 2028 and stay supply constrained