BlockBeats news, on May 27, "New Stock God" Serenity commented on Micron (MU) surpassing a $1 trillion market capitalization. Serenity reiterated its previous assessment—that Micron is poised to become "the next NVIDIA"—and noted that under AI-driven structural demand for memory, MU will continue to rise, having already created numerous millionaires during its recent surge from $80 to $887.
Serenity reviewed its January outlook, noting that AI has broken the short-cycle nature of memory. Micron benefits from "Made in America" status and White House support, with a forward P/E of only about 11.6x in January, while anticipating year-over-year revenue growth of 133% and EPS growth of 319%. Even after a more than 40% rally in January, institutional investors continued buying on every pullback due to the high value of HBM (High Bandwidth Memory). Micron is projected to reach a $1.5 trillion market capitalization by 2027.
Note: Serenity is a highly influential veteran trader on the Reddit forum WallStreetBets (WSB). All of his core research is freely and publicly available, focusing on critical supporting segments within NVIDIA’s AI chip supply chain. By thoroughly analyzing the indispensable “cog” components in chip manufacturing and packaging, he precisely identifies key chokepoints in the supply chain and positions himself in upstream assets with scarcity and pricing power.