Burnside private dashboard · stocks
MU thesis brief
A lighter report-style view of the KB thesis, action framework, watch items and risks for Micron.
01
Current stance
Micron
Status
Watchlist · AI/HBM memory
HBM scarcity + AI memory cycle
Action
Research pullback only
KB-derived stance; not live trade advice
Thesis health
70/100
Qualitative RL confidence, not a probability
Action framework: Pullback/research watch around <=$725. Stress-test FY27 EPS/HBM before entry.
02
Why it matters
Thesis spine
- HBM scarcity and NVIDIA Vera Rubin/HBM4 create bull case.
- Q2 FY26 showed record revenue/margins/EPS/FCF in thesis pack.
- StockWaves targets exist, but chart was extended/overbought.
03
Controls
Watch + risk
Watch next
- FY27 EPS durability.
- HBM share vs SK Hynix/Samsung.
- June 24 2026 earnings.
Main risks
- Memory-cycle peak EPS trap.
- Supply response can compress margins.
- Not automatic after big run.
04
Traceability
KB source
Source: kb/wiki/stocks/tickers/MU.md and Stocks/MU-thesis-pack-2026-05-15.md
This page is a presentation layer over the KB. It deliberately avoids fake precision and stale live pricing.