Bull of the Day: Micron (MU)

Micron Technology is well-positioned to capitalize on surging AI infrastructure demand, with DRAM serving as a critical bottleneck in AI computation. The company benefits from tight global supply, soaring gross margins exceeding 80%, and has secured 26 strategic customer agreements representing over 35% of revenues through 2030. With a $35.16 billion share buyback program set to begin in December and a reasonable valuation at 13.63x P/E, Micron has beaten Wall Street estimates for 14 consecutive quarters.