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Micron Valuation Model Warns of Memory Peak Despite AI HBM Boom

24/7 Wall St. Read original source (opens in a new tab)
The Story

News Summary

  • Micron faces a stark split between Wall Street's bullish price targets and valuation models warning of peak-cycle memory risks.
  • While surging AI accelerator demand drives strong high-bandwidth memory (HBM) sales, historical cyclicality and rich multiples suggest limited near-term upside despite sustained long-term AI infrastructure expansion.
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NVDA price history

219.34 +22.20% over the displayed period

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