Micron at $895: The Market Has Already Booked 2027’s HBM Earnings
The market’s story on Micron is tidy enough to fit on an index card. HBM supply is sold out through 2026, hyperscaler capex is structural rather than …
STMicroelectronics at 374x: The Arithmetic of a 60 Euro Print
The stock prints 59.84 EUR against trailing diluted EPS of 0.16 EUR. That is a 374x trailing multiple. The consensus target average sits at 46.72 EUR;…
Dell at $295: The Market Has Already Bought the AI Server Story Twice
The market has decided Dell is an AI infrastructure name now, not a PC-and-server vendor that happens to ship GPU racks. The stock did 148% in three m…