Micron's stock will go higher as fundamentals have improved: Requisite Capital's Bryn Talkington - CNBC

Micron Technology's stock outlook has been positively assessed by analyst Bryn Talkington from Requisite Capital, citing improved fundamentals. Amid ongoing global semiconductor supply chain disruptio... Read original →

Micron’s improving fundamentals reflect a structural shift in the memory stack driven by AI workloads. Surging demand for HBM3E and LPDDR5X is accelerating adoption of EUV and hybrid bonding upstream, while forcing cloud providers to redesign memory bandwidth architectures downstream. Geopolitical compliance has become a fixed cost: although U.S. CHIPS Act subsidies ease capex burdens, export controls compel Micron to expand capacity in Japan and Malaysia, raising per-unit manufacturing costs by over 15%. With Samsung delaying HBM4 and SK Hynix prioritizing AI-customized solutions, Micron’s tight integration with NVIDIA and Microsoft gives it a strategic edge. Over the next 18 months, AI server memory will exceed 40% of high-end DRAM demand; if Micron sustains its current yield ramp, it could secure second place in the HBM market by 2027—reversing half a decade of underperformance in premium segments.