r/MU_Stock

On October 8, Micron’s board approved an increase in its total share-repurchase authorization to $35.16 billion, comprising approximately $33.03 billion in additional authorization and $2.16 billion remaining under its previous program.

Repurchases can begin December 9, 2026, subject to restrictions associated with Micron’s U.S. CHIPS Act funding agreements.

Source - https://www.sec.gov/Archives/edgar/data/723125/000072312526000023/mu-20260903.htm?utm\_source=chatgpt.com

Is this buyback we are waiting for OR its already priced in?

I just wanted to give him a shout out and thank him for his sacrifice.

LFG!!!

🐻 r 🌈

Asking this because of the recent negative sentiment about the stock, even though the fundamentals are bullish

Without a doubt it’s excruciating to be range bound for pretty much 4 months. Killer earnings across the memory trade, but fears of cyclical nature of memory being a commodity and earnings not being durable, the highly misleading article re ARR of OpenAI, as well as frothy extremely short term call option buying all expiring OTM. There has also been extreme selling in Korea due to foreign selling, ETF rebalancing, and missed earnings from Samsung even tho analysts upgraded expectations despite Samsung already tempering expectations. Toshiba news.. HDD more supply somehow crushed memory SDD lmao...

Just a wave of negative news

But.. yes, here’s the silver lining:

1. improving macro - war news cooling off, oil down, yields are down;
2. earnings across the chain continue to demonstrate that memory supply will remain highly constrained;
3. we typically get huge downward moves post earnings, so far it’s been a bleed; and
4. still above $1000, albeit testing support.

Ok, so why not straight highs? Well we are heading into a very volatile part of the year, and funds are simply de-risking from extremely high beta stock, which basically have been semis. Huge put buying on semi, memory and MU - why? Well you can see it yourself large funds move in unison for a sector rotation across breadth due to cooling of war news / lower yields. It’s a way to diversify.

Ok, so what now? What will the catalyst be to push things forward, will it fall?

Well MU and SNDK has lost MAs, retail sentiment is garbage and everyone is jumping or thinking of jumping. Can there be more pain? Probably not as much as people think. This is simply an accumulation phase albeit a short one. Why do I think this range will be short????

It’s simple… the inverse relationship between software and AI is back in play. IGV is close to ATHs, we are about to go through the gauntlet for hyperscaler earnings. It’s simple we have plenty of catalysts - increase capex spending, more data centers, neoclouds reporting growth, and don’t forget the upcoming anthropic IPO.

So imo… the range one way or another will break. If hyperscalers announce decrease in projected capex, which I don’t think they will, then yeah down goes memory. Probably 200MA, and you’ll need buy backs to maintain a high price but then I would argue that ATHs will be out of the picture until 2027.

Cope to find reasons for MU to go up? Yeah probably, people have pointed it out, but I would see the foregoing will pretty much at a high level dictate where we go within the next month

LFG!!! Memory got a shout out from the pope himself.

F the 🌈 🐻.

Two massive trades just happened in Micron and Nvidia. What they could mean - CNBC

Flat——————————-

Like now it’s tanking fresh off our amazing earnings yesterday? Which other stock is like that?!?! Other ai stocks are up today like wtf

MU rebounded after hitting a low today, with increased volume. Although it didn't break through the short-term high, the technical pattern formed an upward signal.

Given the positive earnings report and the strengthening technical signal, what are your thoughts?

$54.2B revenue, $33.42 non-GAAP EPS, and Q1 guidance of $60–63B revenue.

The numbers look incredible, but MU is barely moving.

Is the market already pricing in the AI/memory boom, or are investors starting to worry about how sustainable these margins are?

MU IS BACK!!!!

I didnt even buy any options, im just seeing how many dumbasses bought options to make a quick buck thinking it'll move😂😂