Micron hits record AI-driven revenue, but peak-cycle pricing, rich valuation, and $20B FY2026 CapEx raise oversupply risk.

“The memory up-cycle has just begun,” KB Securities said, noting Korean chipmakers should supply 90% of global HBM4 demand.

PC prices could go up by 4% to 6% and smartphone prices could rise between 3% to 5% based on IDC’s “moderate downside” ...

In a recent Market Pulse article,“Is Micron in a Bubble?”, I examined whether the sharp rise in Micron’s earnings and share price reflects another familiar memory-cycle peak or something more durable.

Micron stock dropped about 40% since June 2024. It seems that Wall Street is assuming that memory cycle has already peaked. Memory Cycle hasn't peaked yet due to ramp up of High Bandwidth Memory (HBM) ...

If you haven't noticed, DRAM memory has gotten a lot more expensive in recent weeks. … Amid a shortage broadly attributed to a surge in demand for AI infrastructure, Reuters reports that memory giant ...

China's domestic memory module maker Biwin Storage Technology has released the A-share market's first major 2025 profit ...