Aug. 30, 2025 7:07 AM ETMicron Technology, Inc. (MU) Stock, MU:CA StockMU, MU:CAThe Techie3.12K FollowersSummaryI'm upgrading Micron back to a buy from strong sell after management raised guidance, confirming that more favorable DRAM/HBM demand and pricing is at play.Micron is a leader within the High Bandwidth Memory (HBM) market, putting it at the core of the AI infrastructure boom, with sold-out capacity for 2025 and improving margins.I watch memory pricing closely and I'm pleasantly surprised at how resilient DRAM prices are holding up. I'm expecting to see this show up as upside surprise next quarter.The stock also trades at a discount on earnings-based valuations versus peers, offering both cyclical recovery potential and a compelling entry point for investors.I hereon share my sentiment on Micron stock and why I see more upside ahead.JHVEPhoto/iStock Editorial via Getty ImagesInvestment thesisMicron (NASDAQ:MU) seems exceptionally well-positioned to capitalize on a few key structural tailwinds I've been tracking in the memory market. We’re seeing DRAM experience a pretty sharp pricing trend going into 2H25. InThis article was written byThe Techie3.12K FollowersI’m a retired Wall Street PM specializing in TMT; since kickstarting my career, I’ve spent over two decades in the market navigating the technology landscape, focusing on risk mitigation through the dot com bubble, credit default of ‘08, and, more recently, with the AI boom. In one word, what I’d like my service to revolve around is momentum.Analyst’s Disclosure:I/we have no stock, option or similar derivative position in any of the companies mentioned, and no plans to initiate any such positions within the next 72 hours. I wrote this article myself, and it expresses my own opinions. I am not receiving compensation for it (other than from Seeking Alpha). I have no business relationship with any company whose stock is mentioned in this article.Seeking Alpha's Disclosure: Past performance is no guarantee of future results. No recommendation or advice is being given as to whether any investment is suitable for a particular investor. Any views or opinions expressed above may not reflect those of Seeking Alpha as a whole. Seeking Alpha is not a licensed securities dealer, broker or US investment adviser or investment bank. Our analysts are third party authors that include both professional investors and individual investors who may not be licensed or certified by any institute or regulatory body.Comments