Micron will peak and leave all you retail with heavy bags

Micron has been the single greatest beneficiary of the memory shortage, and the numbers are genuinely difficult to argue with. The May quarter produced $41.5 billion of revenue at an 84.9% gross margin, with the current quarter guided to $50 billion and roughly 86%, which is a level of profitability no memory manufacturer has ever printed and one that would be considered aggressive for a software company. Management has signed sixteen strategic customer agreements carrying around $100 billion of