Micron: Memory Boom Until 2028 Instead of AI Bubble - Why the Fallen Stock Could Be Poised for a Comeback!

Micron (MU) was one of the biggest losers in the recent AI correction. Since the 52-week high, the stock has fallen about 45%. Investors fear that the AI capex boom is slowing down and memory chip prices may have peaked. However, strong numbers from CoreWeave and TSMC (October revenue +59.7%) as well as new forecasts for the memory market suggest that the boom will last longer. Memory Chip Supercycle Until 2028 Bank of America refers to TrendForce: The uptrend could last until 2027, and even a downturn could be avoided in 2028. For Q4 2026, TrendForce...