MU is a buy; strong earnings (54.2B rev, 87% margin) support a target of $1600.

the big move in the Nasdaq will be driven by Micron's earnings tonight after the close. In fact, the market has just closed. We will be watching Micron closely right here to see what it does .

I've opened the Micron chart and we'll open the sidebar to see if there's any crazy movement. Oh, it's dropped. This is not good. Not good.

However, I said if Micron's profits are bad, this will drop to 1.6 million won. If it's good, we'll continue to rise. You can see that the trend has been upward in blue here since August 18 with some fluctuations along the way, but the trend is still upward.

There is no sell signal. I think it will continue its gradual rise.

But now we'll take a look at Micron and try to find out what's going on at Micron. I need to , um, access to find out exactly what's happening at Micron right now with the earnings because they should have been released.

Wait a second because this needs to get the real facts before we look at the real price. If they don't generate 50 billion in revenue, people will be truly disappointed. Good. Ah, okay .

So far, so good . I'll put this in the chat. Okay, we have the profits. Now, let's look at the graph. Boom. Good. The profits are amazing. Everything seems to have exceeded expectations.

Everything exceeded expectations as well, and that's good. Let's open the actual chart where Trading View is located . Ah, micron. Oh, the stock only rose three dollars despite outperforming in profits.

It has only risen this much. But let's take a look at its neighbor, SK Heynckes. If it's going down, then this is going up too. So, fortunately, I have exposure to both Micron and SK Hynix, and both are high.

The most important thing is the earnings call and future guidance. Now that we've finished announcing the earnings, nobody really cares. But simply put, they achieved amazing profit results .

Revenues were 54.2 billion compared to expectations of 50 billion. Earnings per share 33.4 vs. 31. Net income 38.48 vs. 36. Margin, gross profit margin 87 % vs. 86%. Imagine selling something for $100 and making a profit of 87%.

This is madness. This is a better profit than you can get from making cardboard pizza. How crazy! And again , this stock will head towards 1600, just as I've been saying for almost the entire year.

Ah, but will it decrease? Many people have missed out on Micron. Should I buy here? No, I'll wait until it reaches 700 or 800. And we're already getting those dips. We have seen a remarkable drop to the 700 levels right here.

Let me find where my mouse is . I have three huge screens in front of me. So , here we saw this big drop to 738. And that was on July 29th. If you manage to buy this dip, you are

here we saw this big drop to 738. And that was on July 29th. If you manage to buy this dip, you are now on a 46% profit in 60 days. not bad.

It's quite clear that companies like Marvel, Micron, Sky Hynix, and AABS control the communications, connections, and core memory required for AI agents, and we're just beginning to enter this era.

Okay, we've covered Marvel, and we've covered Tesla. Let's ask some straightforward questions and then come back to check out Micron. Let's see if there is any movement after the lockdown. Oh, yes. It rose by $14.

Um, buy companies like Micron that are heading towards $1600.

I'm going to take one last look at Micron to see how it performed. To see if it had risen further in post-closing trading. It has risen. How wonderful. 1083. This means it could reach $1100 tomorrow. Observe this area carefully.