Author argues Micron's purchase of PSMC's ready fab will quickly boost memory output and margins, with a $1000 end-of-year price target.
MU — LONG The author argues Micron's acquisition of PSMC's P5 fabrication site for $1.8 billion avoids years of construction and lets it expand memory output immediately. Strong current RAM and SSD prices are expected to drive significantly higher margins this year and next. The author sets a $1000 end-of-year price target for MU.
They will literally be pumping out money this and next year. If you check the current ram and SSD prices, you will know that their margin will be crazy going forward.
This Reddit post, published January 17, 2026, features u/Kingmusk420 discussing MU. 1 trade idea extracted by AI with direction and confidence scoring.
Speakers: u/Kingmusk420 · Tickers: MU