I’m considering buying Micron for a 3–5 year hold.
My thinking is that AI adoption may be much bigger and longer-lasting than a normal tech cycle. Every major business and government will likely adopt AI, while autonomous vehicles, robotics and AI infrastructure could create another huge wave of demand.
If AI becomes the new normal rather than a temporary capex cycle, could memory demand also stay structurally strong for many years?
And at today’s price, would you buy MU over NVDA, AVGO or TSMC?