Micron Technology, Inc. $MU Stake Decreased by Salem Investment Counselors Inc. - MarketBeat

Micron Technology delivered robust quarterly results, reporting earnings per share of $25.11, surpassing the consensus estimate of $21.39, and revenue of $41.46 billion, up 345.8% year-over-year. The ... Read original →

Micron's strong quarterly performance underscores the surge in demand for memory chips driven by AI infrastructure spending, with DRAM and NAND pricing recovering sharply. However, institutional selling signals caution amid geopolitical tensions, particularly concerning supply chain vulnerabilities between the U.S. and China Taiwan/ Taiwan, China. Despite this, the memory tech cycle is accelerating, with sustained demand for high-bandwidth solutions in data centers and AI training. Competitors like SK Hynix and Samsung may ramp up production capacity to capitalize on the trend. Over the next 12–24 months, sustained AI investment could keep memory prices elevated, but supply chain disruptions and regulatory pressures will constrain expansion plans. Capital is increasingly focused on leading players with robust technical moats and secure supply chains, reinforcing industry consolidation trends.