Grab the names FREE today<\/a>. <\/p>\n The thesis under the trade <\/p>\n
Every token an LLM generates needs DRAM to train it and NAND to serve it. Micron put hard numbers on that abstraction in fiscal Q2. Revenue hit $23.86 billion, up 196.3% year over year, while gross margin expanded to 74.4% from 36.8% a year earlier. Management guided the current quarter to $33.5 billion at an 81% gross margin and raised the dividend 30%. CEO Sanjay Mehrotra called memory “a strategic asset” in the AI era. That is unusual language for a man who has spent thirty years running a famously cyclical commodity business. <\/p>\n
Seagate is the same trade in spinning-disk form. March-quarter revenue grew 44.1% to $3.11 billion, non-GAAP gross margin expanded to 47.0%, and free cash flow reached $953 million. CEO Dave Mosley said Seagate is entering “a new era of structural growth as AI applications amplify data creation.” Its Mozaic HAMR drives are qualified at five of the world’s largest cloud customers, with nearline production largely spoken for through mid-2026. Broadcom and Arm round out the trade on the compute side, supplying custom accelerator silicon and the CPU IP that every hyperscaler now licenses. <\/p>\n
Whether retail should follow <\/p>\n
Buying SanDisk after a rip is a different trade than the one Druckenmiller made earlier this year. The underlying thesis remains intact. Hyperscaler capex is committed, memory pricing is tight through 2027, and HAMR storage is effectively sold out. The entry price now does the work the thesis used to do. <\/p>\n
Composite sentiment on SanDisk reads 74.55, bullish with medium confidence, while Micron’s composite has slipped to 62.33 after a sharp May rally. For a retirement-focused investor, the cleanest expression of the picks-and-shovels idea is the slower compounder of the group, Broadcom, which still pays a dividend and has only just begun to move. The penthouse-to-foundation rotation is the right idea. Paying retail prices for the foundation at the all-time high is the harder question, and one Druckenmiller did not have to answer. <\/p>\n
Act now: the analyst who called NVIDIA in 2010 just named his top 10 AI stocks \u2014 and Broadcom didn’t make the cut. Grab the names FREE today<\/a>. <\/p>\n","protected":false},"excerpt":{"rendered":"Quick Read Druckenmiller dumped Alphabet and rotated into AI hardware plays SNDK and MU, which surged 4,586% and…\n","protected":false},"author":2,"featured_media":755518,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[20],"tags":[62,72330,276,277,28014,49,48,269683,35986,6300,6494,238985,223566,61,207501,269684],"class_list":["post-755517","post","type-post","status-publish","format-standard","has-post-thumbnail","category-artificial-intelligence","tag-ai","tag-arm-holdings","tag-artificial-intelligence","tag-artificialintelligence","tag-broadcom","tag-ca","tag-canada","tag-druckenmiller","tag-gross-margin","tag-micron","tag-nvidia","tag-sandisk","tag-seagate-technology","tag-technology","tag-top-10-ai-stocks","tag-twelve-months"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/755517","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/comments?post=755517"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/posts\/755517\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media\/755518"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/media?parent=755517"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/categories?post=755517"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/ca\/wp-json\/wp\/v2\/tags?post=755517"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}