Micron's earnings report is out, perfectly playing out a "cash cow scenario."

Revenue of $41.5 billion exceeded the upper limit of expectations, and a gross margin of 84.9% directly surpassed Nvidia's.
Supply is tight, orders are fully booked, giving them a firm grip on pricing power, and expansion news keeps downstream clients in check.

Once a cyclical industry with wild swings, all four business lines are now booming simultaneously, completely breaking free from the boom-and-bust cycle. Profits will continue to rise next quarter, and the shortage of AI hardware is no hype—the results have already spoken.

Short-term market volatility leads some to short the memory sector narrative? The main trend won't end easily. If this is an AI bubble, then the profit levels are truly impeccable. #0成本拿2股SK海力士