voice of treason
328 posts
@B0M0LI
I clean your data, so you don’t have to
This AI cycle is fundamentally different from every prior memory supercycle in $MU history. Past supercycles were driven by unit volume growth with more phones + servers buying largely commoditized DRAM but but this one is a capacity-constrained cycle where HBM sells at ~5x conventional DRAM ASPs. Hyperscalers are willing to pay whatever it takes because the real cost is leaving massive GPU clusters underutilized. That is how Micron ends up producing $16B of operating profit in a single quarter.
$MU ABSOLUTELY CRUSHED THEIR EARNINGS • Revenue $23.9B vs Est. $19.5B • EPS $12.20 vs Est. $8.73 • Net Income $14.0B vs Est. $10.5B • Gross Margin 74% vs Est. 69% Q3 Guide • Revenue $33.5B vs Est. $23.3B • EPS $19.15 vs Est. $10.77 • Gross Margin 81% vs Est. 71%
$MU Largest beat & raise of all time. +196% revenue growth at an insane 69% EBIT margin. Never, ever been done at this scale. 3Q revenue guide of $33.5bn midpoint vs $23.3bn consensus. WTF??? Absolute bananas numbers. Unprecedented. Even the Memory Whisperer has to gasp.
Arizona’s attorney general has filed the first-ever criminal charges in the US against a major prediction market company, accusing Kalshi of running an illegal gambling operation in violation of state law. cnn.it/3PeQprC
🚨 $NBIS announces proposed private offering of $3.75B of convertible senior notes. - $2.0B due 2031 - $1.75B due 2033 Plus an overallotment option (~$560M extra) We need the deal to close first to see the interest rate and conversion price, the most important valuation-sensitive inputs.
@wholemars Is it harder or easier to merge Telsa in if SpaceX IPO's?
If the GODFATHER were made today it would NOT be eligible for an Oscar unless he transitioned to the Godmother and made someone an offer they couldn’t HEAR. You could still leave the gun but you couldn’t take the cannoli unless the baker supports gay marriage. RIP Hollywood.
