It had amazing earnings but it’s been dropping ever since. After earnings I thought maybe people were selling to take the gain but now – what is going on? Is it just general “the whole market is down” stuff or is it something more specific to the sector?
Posted by L_wanderlust
12 Comments
Market down. Turboquant. Middle East. Too much bear news
A paper from April 2025 scared some people on top of the global mess the orange thing is making.
It’s on sale, now is a terrific time to buy it had an ATH of about $460 so it’s 20% off right now when it’s back up in like a month you are going to be glad you bought in!
Many people want to hold cash at times of extreme uncertainty. Safety first!
Its the potential of helium shortage due to war.
Google announced a software/algo thing called “TurboQuant” that is supposed to cut needed memory for large AI models by about 6X..
Load up at $300.
People stupid. Me buy more.
The sector is extremely pumped on ai and data center hype. MU is still about 50% above its 200 day ema, of about $235. Even in the best conditions, you’re going to see mean reversion at some point.
The stock chart is practically a vertical line up. Micron is a cyclical company and an excellent short. It took over 20 years for MU to regain its all-time high following the Dot Com bubble.
guy is worried about his $50
I bought so it will go to zero