Memory is a TAM expansion market, says analyst: Micron's ceiling is investor belief, not fundamentals
BenBajarin · x · 2026-09-30
Ben Bajarin argues the only thing holding Micron ($MU) back is investor skepticism that this is a long-term structural cycle for memory. In his view memory is a TAM expansion market: the dollar value will settle at a new, higher floor — and we are nowhere near it yet.
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