Micron's $134bn RPOs suggest the 17% selloff mispriced an AI demand break

tengyanAI · x · 2026-11-06

Micron ($MU) fell 17% in the semis rout, priced by the market as an AI demand break — but the poster reads it as a supply-side issue.

Micron's latest 10-K still shows $134bn of RPOs with committed volumes and minimum prices, covering part of next year already
Bloomberg reported the Fab 11E clean rooms in Taoyuan for 2028 DRAM/HBM all but halted, while Micron says current operations continue normally
The quoted analysis argues Micron is 'likely a gift' at these prices; key watch items through 2027 are capacity conversion if customer funding stays shut and whether the fab pause holds

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