MU set up for NVDA like revenue growth
$MU$NVDA$AMD$SNDK
AI SUMMARY — MU poised for significant revenue growth similar to NVDA's 2023 spike, with quarterly revenue nearly doubling from $13.6B to $23.86B. Memory chip demand expected to drive valuations toward $1T+ as earnings approach, though leverage through margin trading presents material risk.
| TICKER | MU |
USER | u/Heavy_Pudding7988 |
| RATING |
BULLISH |
ENTRY |
$751.00
|
| POSITION |
3 sh
SYN
|
BOOK VAL |
$2253.00 |
| CURRENT |
$910.43 |
P&L % |
+21.23%
|
| CURR VAL |
$2731.29 |
P&L $ |
+478.29
|
| TICKER | NVDA |
USER | u/Heavy_Pudding7988 |
| RATING |
BULLISH |
ENTRY |
$215.33
|
| POSITION |
11 sh
SYN
|
BOOK VAL |
$2368.63 |
| CURRENT |
$218.36 |
P&L % |
+1.41%
|
| CURR VAL |
$2401.96 |
P&L $ |
+33.33
|
| TICKER | AMD |
USER | u/Heavy_Pudding7988 |
| RATING |
BULLISH |
ENTRY |
$467.51
|
| POSITION |
5 sh
SYN
|
BOOK VAL |
$2337.55 |
| CURRENT |
$514.39 |
P&L % |
+10.03%
|
| CURR VAL |
$2571.95 |
P&L $ |
+234.40
|
| TICKER | SNDK |
USER | u/Heavy_Pudding7988 |
| RATING |
BULLISH |
ENTRY |
$1478.69
|
| POSITION |
1 sh
SYN
|
BOOK VAL |
$1478.69 |
| CURRENT |
$1740.00 |
P&L % |
+17.67%
|
| CURR VAL |
$1740.00 |
P&L $ |
+261.31
|
In 2023 NVDA had a big spike in revenue from their previous quarter 7.19B to 13.51B almost doubling. Now MU was at 13.6B to 23.86B. This memory trade just getting started.
I wasn’t paying too much attention to the memory trade, mainly AMD and NVDA but better late than never. This stonk is going to 1tril+. Can’t wait for earnings in a month. SNDK also has that revenue pop too but I think MU is cheaper and more diversified.
Position: 300 shares at 736 on margin