Nvidia Just Gave a $267 Billion Warning That Micron Stock Could Crash Before 2029 Is Over

Nvidia's $267 billion memory procurement commitment through fiscal 2029 suggests the company may significantly reduce orders thereafter, potentially signaling a peak in memory demand. This could lead to a de-rating of Micron stock around December 2028-January 2029 as the market anticipates a slowdown in the AI memory supercycle.