InvestAnswers on $MU (Nov 6, 2026)
Micron fell 21% this week and trades at five times earnings on fear that AI spending goes to zero; the speaker says that fear is overdone because Micron's output is sold out for years, making this stretched pullback a buying opportunity and a nice setup.
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you got Marvel down 29% for the week, Astera 29%, Micron 21%. Micron's trading at a P of five right now. It's nuts. AMD 12%, Palunteer 12%.
Micron 160 billion.
Micron and memory got hammered. Not just our Korean names, but also Micron too. Again on the heat map you see here Micron down 21%. Uh a lot of people have been waiting waiting they missed Micron waiting the whole year to grab it.
Well here we are at 695 again it's tied up with the whole fear of the AI spend narrative going to zero. Of course it's not going to go to zero and all their stuff is sold out for years anyway.
So again when the rubber band stretches down like this you just take the opportunity. And these are very nice setups as well.
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