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Micron's 7x Forward P/E Ignores Sold-Out AI Demand

Micron (MU) stock analysis: 256% revenue surge at 7x P/E — full deep dive

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In this deep dive, we break down Micron Technology Inc (MU) and its structural AI memory expansion driven by sold-out High-Bandwidth Memory (HBM) production through 2027. With FY2026 revenue surging 256% YoY to $133.19 billion and gross margins hitting 87%, the key question for investors is whether shares trading at just 7x…

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