Play the US stock market, say this sentence three times.


There is an old saying on Wall Street: cyclical stocks are most expensive when PE is at its lowest, and cheapest when PE is at its highest.
Micron's Q3 revenue is expected to be $34.8 billion, up 800% over the past year, with a market value reaching $1.15 trillion.
DRAM contract prices increased by 58%-63% quarter-over-quarter in Q2, NAND increased by 70%-75%.
HBM supply is in short supply, with capacity locked until 2027.
DRAM-9.78%
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