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Stocks

Micron Technology

MUNASDAQUSD

Position

MU

Micron TechnologyNASDAQ

LONG-9.0%
Entry
FEB 9$964.01
Last
$876.84

Thesis

HBM capacity is contracted years out, which turns a historically cyclical memory business into something closer to a backlog business. The market still prices the old cycle.

Writing

Notes on MU

Nothing written on this one yet. A note lands here the moment it is tagged MU, so the thesis above and the writing behind it never drift apart.