Prediction evidence

Quoting · 29 Jun 2026, 18:57 UTC · context given to the AI

Micron is the new Nvidia. It's now a top 10 holding in the S&P 500 and about to be more profitable than any US company (aside from Nvidia and Google) $MU crushed earnings Wednesday night and jumped 15%, with revenue up over 400% to $41.5 billion, posted an 85% gross margin, and predicted next quarter’s sales would hit $50 billion. What changed is supply. AI data centers need enormous amounts of memory, and the world can’t make it fast enough. That shortage lets Micron charge much higher prices. Where big tech companies once paid an “Nvidia tax” on processors, they now pay a “Micron tax” on memory. Micron is the king of AI right now.