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Micron is chasing AI glory. Their stock valuation has no room for consumer business, which is a distraction. You can’t think about companies like it’s 2024. We
by Spooky23 11mo ago
Micron is chasing AI glory. Their stock valuation has no room for consumer business, which is a distraction.
You can’t think about companies like it’s 2024. We’re in a gilded age with unlimited corruption… Anything can happen. They can sign a trillion dollar deal with OpenAI, get acquired by NVidia, merge with Intel, get nationalized by Trump, etc.
- drdec 11mo ago> Micron is chasing AI glory. Sounds to me like they are using the tried and true method of selling equipment to the people rushing for gold
- deathanatos 11mo agoPerhaps, but when the gold rush is over and the demand for shovels falls, you've now salted the earth you're returning to.
- Auracle 11mo agoPeople aren’t going to care. They’ll re-enter the market, perhaps with a new name, and people will have no qualms buying their stuff.