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What are the chances the AI buildout goes to 2K for Micron? feel the case is stronger than before, but it feels so um you know what really shot up the memory stocks was leverage in Korea.

I hate to say it, I don't love playing off of leverage, but I think what drives a lot of the memory cycle right now is I will show you hold on in our stock tab. I believe it is under the Nvidia tab when we were prepping for the Nvidia earnings.

Nvidia and Micron are two of the companies benefiting most from the huge increase in spending on creating data centers. Micron's revenue increased by more than 4 x in its most recently completed quarter from the same time last year, while Nvidia's revenues have soared to approach $303 billion.

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.

It's Micron. Listen, this one has been a huge outperformer whether we're talking about it on a year-toate or yearoveryear basis. Uh at times it can be bumpy though for Micron.

I mean if the stock does no wrong or if it does no wrong you stay long. we had that massive runup last year into this year and then we kind of had that summer low. You know, we just kind of chopped sideways undecided, but to me, I just think that that's building up pressure uh for the next breakout.

Last but not least is one that I've talked about a lot on this channel recently and that I'm invested pretty heavy and honestly, if you look at the ETFs you're invested in, most of the growth ETFs, even things like the S&P 500, total US stock market, and definitely anything that has to do with AI or memory, this one's at the top and it's still cheap based off of PEG ratio and many other metrics as well. This one's none other than Micron.

The analysts on Wall Street that are following Micron are forecasting the company's earnings per share to soar from a $1.23 in its fiscal year that ended in August of 2024, from a $1.23 all the way up to $171 in earnings per share by the fiscal year that ends in August of 2028.

That's a massive increase in earnings power in such a short amount of time, and investors are wondering if that makes Micron stock an excellent buying opportunity or where potentially Micron stock price could be by the end of 2027, which is actually the topic of this video.