Micron is bullish due to strong Q1 2026 revenue, a forward P/E cheaper than NVDA/AVGO, and Edge AI-driven memory demand with bullish technicals.
MU — LONG Micron reported $13.6 billion in Q1 2026 revenue and still trades at a forward P/E much cheaper than NVIDIA or Broadcom despite the stock doubling. The author sees Edge AI adoption doubling memory per device as a demand tailwind. Technicals are described as incredibly bullish.
Micron just reported 13.6 billion for Q1 2026. People see the stock doubling and think it is expensive, but look at the forward P/E. It is still way cheaper than NVDA or AVGO. With Edge AI taking off, memory per device is literally doubling.
This Reddit post, published January 06, 2026, features u/Alone_Kick_4571 discussing MU. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/Alone_Kick_4571 · Tickers: MU