Just noticed MU absolutely popping off on the market today - up over 5% and hitting new highs around $544. Seems like the big tech companies finally admitted what everyone knew: memory chips are eating into their capex budgets. Meta, Microsoft, and Amazon all basically said the same thing in earnings - component costs are way up, especially for memory. That's real demand validation right there. Samsung's also crushing it on AI chip sales, so there's clearly serious money flowing into semiconductors right now. The analyst crowd jumped in too - DA Davidson threw out a $1,000 price target (Street high) and TD Cowen bumped theirs to $660. One analyst mentioned MU's HBM capacity is already fully booked for next year, which tells you everything about supply tightness. Micron's last quarter showed $23.86B in revenue versus $8.05B a year ago, so the numbers back up the hype. Worth keeping an eye on if you're watching the chip sector.