Key Growth Driver:
CEO Gary Dickerson noted that the company expects its semiconductor equipment business to grow more than 30% in calendar 2026, fueled by AI computing, DRAM, and advanced packaging.

DRAM & HBM Strength: AMAT highlighted record-level demand for DRAM and advanced packaging. Since Micron is a global leader in High Bandwidth Memory (HBM3E) used for AI chips, AMAT's massive equipment sales suggest that Micron and its peers are aggressively scaling up capacity.

CapEx Explosion: AMAT raised their 2026 equipment growth forecast to >30% (previously 20%). This means Micron and friends are buying machines as fast as AMAT can build them.

Direct Mention of Micron
In a rare move, the official press release/report explicitly highlighted a strategic partnership:

1. Applied Materials and Micron Technology are formalizing deep R&D collaborations at Applied’s new EPIC Center.

2. They are co-developing next-generation DRAM, HBM (High-Bandwidth Memory), and NAND solutions. This signals that Micron is a primary partner for AMAT’s most advanced "next-gen" toolsets.

What Cisco said about Memory

During the Q3 2026 earnings call, Cisco management noted that while their revenue and AI orders were at record highs, their non-GAAP gross margins were pressured, falling to 66% (down from 68.6% a year ago). They explicitly cited higher memory prices as a primary cause for this margin contraction.

Cost Pressure for Cisco: Cisco is paying significantly more for the DRAM and Flash memory they put into their high-end switches and AI servers.

Cisco raised their AI infrastructure guidance to $9 billion (4.5x last year).

Since AI networking and servers require vastly more memory than traditional hardware, Cisco’s growth serves as a "leading indicator" for Micron’s sales

Nebius (NBIS) — a fast-growing AI cloud / GPU infrastructure provider — crushed Q1:

• Revenue: $399M (+684% YoY)
• AI cloud revenue: $390M (+841% YoY)

Guidance: Reiterated strong FY2026 targets — $3.0–3.4B revenue, $7–9B ARR by year-end. Raised CapEx to $20–25B to accelerate data center/GPU buildout (everything they build is already pre-sold).

Why this matters for MU (Micron):

NBIS is a major buyer in the AI infrastructure boom. Their explosive growth + raised spending validates insatiable demand for GPUs, HBM, and high-bandwidth memory in data centers. Micron is one of the key memory suppliers feeding these AI clusters

Strong results from AI cloud players like NBIS = positive read-through for sustained memory demand, pricing power, and MU’s AI revenue tailwinds.

Some big whales just sold a ton of MU put option at 1K strike.

Writer = Selling to Open

Premium collected: ~$196M

For those who don’t understand, selling a sht ton of Put all at once is considered bullish as the seller are collecting a massive premium and expect MU to be price higher then their strikes that they wrote.

lol, we will hit 800+ tomorrow. Don’t forget, Trump Going to China with the CEO of MU is bullish as fuk. We also have NVDA earning next week. The star is aligning for 1K EOM or even EOW.

F the haters and 🐻