u/KeyDry346

MU at JPM conference: “Our financial outlook has strengthened since our last earnings call. We're on track for another substantial record FCF in fiscal Q3. Our balance sheet has never been stronger, and that's underscored by multiple credit rating agencies from all 3 upgrades from all 3 credit rating agencies this year. Demand continues to outpace our ability & the industry's ability to supply due to persistent structural factors. And so we expect tightness for HBM, DRAM, & NAND to continue well beyond calendar year 2026.”

SNDK $WDC $MU $STX $DRAM all are special cause the infintely powerful AI needs infinite memory and anything it can lay its hands on HBM, DRAM, NAND and HDD. Among these $SNDK is the most elite one with the most potential which I think people here don’t here understand so here it goes

- DRAM is 150-200 times more expensive than NAND per GB and therefore all new AI technology wants to offload as much to NAND as possible helping narrow the price gap. HDDs are only 10x cheaper than NAND but have more use as data lakes. So NAND companies benefit more

- SNDK with KIOXIA has most advanced NAND technology and they are the cheapest producers of NAND

- SNDK along with SK Hynix is coming up with HBF which is going be super profitable and meant to steal DRAM share ( stealing is not the right word as the pie itself is infinite)

- As a pure play NAND player it will always have higher PE multiples than those with mixed business like

Everyone who meets here shares a special bond. Thank you all for commenting on and liking each other's posts!