Micron: It's Different This Time - Buy At 6x Earnings Before AI Agents Rerate It Micron Technology,...

Micron: It's Different This Time - Buy At 6x Earnings Before AI Agents Rerate It Micron Technology, Inc. is upgraded to a Buy, driven by robust AI-related demand and a compelling 6x earnings multiple. MU's Q4 revenue soared 379% YoY to $54.2B, with gross margin at 87% and a $68.3B net cash position. Management anticipates tighter supply-demand through 2028, with over 75% of 2028 shipments already committed.