Nancy
Nancy|May 03, 2026 07:37
Documenting my $MU Micron Technology position—just hit 48 days. Bought in at $446, now it’s $539.9, with a return of +21.06%. The reason I bought it? Honestly, every time Maitong adds new stocks, I’ve noticed they tend to perform pretty well after a while. So, I picked one I was interested in from their new listings and made a small purchase. But at the end of March, things took a sudden nosedive. Even though Micron delivered its strongest earnings report ever (AI memory demand is exploding, and HBM and DRAM are in short supply), Google’s announcement of the TurboQuant compression algorithm spooked the market, raising concerns that future memory demand might decrease. At one point, I was down over 25%, with the stock price bottoming out around $320. Watching the market had me seriously doubting myself… Who would’ve thought April would bring a complete turnaround! AI data centers continue to drive demand for high-bandwidth memory (HBM), and the supply shortage isn’t easing anytime soon. Plus, analysts started raising their price targets, capital flowed back in, and the stock price rebounded strongly—breaking through $500 and hitting a new high on 5/1! I’m still just a tiny, tiny, tiny beginner in U.S. stocks, but I’ve learned two things: pick the right stock + be patient and let time work for you. Nancy on U.S. Stocks Personal opinions, not investment advice @MSX_CN
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