Micron: The Memory Equity Cycle Is At Its Zenith Micron has surged 13% since my last analysis, but ...

Micron: The Memory Equity Cycle Is At Its Zenith Micron has surged 13% since my last analysis, but I question the sustainability of this upside. Recent earnings showed 379% YoY revenue growth and 1,003% adjusted EPS growth, driven by AI demand. Forward guidance signals slowing growth: Q1 revenue up 351% and adjusted EPS up 698%, suggesting MU may be at its cycle peak.