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After Micron's Q3 earnings report, what should investors really be paying attention to??
The memory sector now is no longer just about Micron itself, but about whether tech giants like Microsoft, Google, Amazon, Meta, and Oracle are still willing to continue expanding their AI capital expenditures. $MU
It's a bit like Tesla in 2021. At that time, everyone was trading Tesla on the surface, but in reality, they were trading the penetration rate of electric vehicles.