CFO of $Micron Tech(MU.US) says they will be supply constrained in FY28, and he doesn't have line of sight to when they will be in equilibrium.
My take: This is a significant positive for the AI trade, and evidence that the demand could outpace supply into late CY28 or even CY29. Hard to believe.Stock now up 12% in after hours based on that supply comment, and likely going higher.Source: Gene Munster
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