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Micron Just Locked In $100 Billion in Sales, and Wall Street Thinks the Boom-Bust Chip Cycle Is Dead
Key takeaways
- Micron plans $40 billion in capex next year to build contracted capacity, echoing the boom-time building pattern that historically triggers memory busts.
- Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Qualcomm didn't make the cut.
- But Micron is essentially telling everyone that's completely over."
Micron Just Locked In $100 Billion in Sales, and Wall Street Thinks the Boom-Bust Chip Cycle Is Dead Omor Ibne Ehsan Thu, June 25, 2026 at 11:30 PM GMT+7 4 min read MU NVDA QCOM Quick Read Micron locked $100 billion in guaranteed sales through 2030 and hit 84% gross margins; Qualcomm raised its non-handset revenue target to $40 billion by 2029.
Micron plans $40 billion in capex next year to build contracted capacity, echoing the boom-time building pattern that historically triggers memory busts.
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks — and Qualcomm didn't make the cut. Grab the names FREE today.
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