Two very different stories… one riding the AI wave, the other proving steady compounding still wins.
The market is watching two giants this week. Micron Technology (NASDAQ:MU) tests whether memory has entered a new supercycle, while Costco (NASDAQ:COST) gives us a read on the consumer and the power of recurring membership economics.
Micron… How is it Up 78% YTD?
Micron heads into earnings after the close on Tuesday riding a powerful AI-memory wave. Shares have ripped this year on surging demand for HBM3E attached to Nvidia’s newest accelerators, tight DRAM/NAND supply, and broad price strength across memory. Analysts point to record HBM demand (with 2025 supply largely spoken for) and rising pricing power as key …