$Micron Technology(MU)$ Three of $Amazon.com(AMZN)$ 's Middle East data centres were hit, causing structural and water damage, with the fire system used to put out the fire. These centres require an immediate fix without delay, increasing memory demand for the repairs.
SK and Samsung will raise memory prices due to increasing production costs, primarily driven by rising power costs. $Micron Technology(MU)$ will also raise its memory prices to match, but without experiencing a production cost increase. This is beneficial for MU. Right?
$Micron Technology(MU)$ Let us recall a few indisputable facts. Memory is experiencing high demand. Micron is one of the three manufacturers. Prices for memory are on the rise. Supply exceeds demand until new supply becomes available.
$Micron Technology(MU)$ For what it is worth, according to AI, sophisticated defence drones utilise MU memory chips. I would lean towards the view that America contributes to making the world safer.
$Micron Technology(MU)$ Market makers can’t wait to buy the shares that paper-handed retail investors are going to sell. Consider this, market makers profit by inversing the obvious strategy. If it were that easy to make money by following what’s obvious, then everyone would be rich, laugh out loud.
$Micron Technology(MU)$ I tend to think there aren't any genuine bears. It's simply that some people want to get in at a lower price because their purse isn't sufficiently funded.