AELong
LONG MU- Track record since May 2023
- Annualized return: +25.3%
- Max drawdown: -16.2%
Micron Forgets the AI Hype
The memory king faces a ‘measured’ reality check
Strategies trading Micron Technology (MU)
Public strategies on Collective2 with an open position. Position at publication: 2026-09-17 20:32 UTC.
Positions and track records are shown as of publication; a strategy that has since closed or reversed its position is shown as it was then.
Micron shares slid 5% after the heads of OpenAI and Anthropic suggested the AI build-out needs to move at a more “measured” pace. If the primary drivers of the chip boom are cooling their jets, Micron’s massive DRAM and NAND bets look like expensive inventory waiting for a buyer. The market is now pricing in a guidance reset that could turn this year’s memory surplus into a liability.