“AGI Has Arrived. Here's How I'm Investing In It.”
MU is a strong buy; Agentic AI creates permanent memory demand while the stock remains undervalued with a forward P/E under 8.
And Micron is the American side of the memory trade with 18% of the HBM market and 23% of overall DRAM. Their revenue more than tripled year-over-year and they report earnings at the end of September.
This will be the first memory earnings call since Astro was announced, making it a good leading indicator for compute demand in the era of AGI. So stay tuned for my coverage on that.