Micron: Quiet AI Powerhouse


  • Micron’s flagship chip for AI servers is already sold out for the next year, indicating strong demand and technological edge in the AI revolution.
  • The company’s diverse segments and products help address revenue concentration risks and demonstrate impressive growth momentum.
  • Micron’s expansion into the SSD market and its position to capture AI tailwinds make it an attractive investment with a low valuation.
  • I believe such an AI powerhouse should trade at a premium to its fair value. However, MU stock currently trades at a double-digit discount.
Micron office building in San Jose, California, USA - June 8, 2023.



Micron (NASDAQ:MU) enjoys the wave of ramping up investments in cloud computing and artificial intelligence (‘AI’). Its flagship chip for AI servers is already sold out for the next calendar year’s demand, indicating technological edge. Other segments also demonstrate massive growth momentum, and

Analyst’s Disclosure: I/we have no stock, option or similar derivative position in any of the companies mentioned, but may initiate a beneficial Long position through a purchase of the stock, or the purchase of call options or similar derivatives in MU over the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.

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