Jim Cramer: Micron’s Boom and Bust Cycle Is Gone “At Last”

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1. 58m ago

   Jim Cramer Claims Micron's Boom and Bust Cycle Has Ended

   Micron reported quarterly revenue of $54.23 billion, exceeding Wall Street expectations of roughly $51 billion. Despite this beat, the stock experienced a decline following the report. Jim Cramer asserts that the company's historical boom and bust cycle is gone "at last." While some analysts express concern over margins and chip cycles, others maintain the bull run continues. The company also recorded a record year as its Boise fabrication plant approaches production. Memory executives anticipate that RAM shortages will persist through 2028.

   Why it matters

   Micron operates in the volatile memory chip market, which typically fluctuates between extreme surplus and shortage. Stability in this cycle would represent a fundamental shift in how the company's valuation and stock price behave.

   What is confirmed

   • Micron posted $54.23 billion in quarterly revenue, beating Wall Street expectations of roughly $51 billion.
   • The stock fell after the quarterly revenue report.

   Still unconfirmed

   • Micron posted a record year.

   What to watch next

   • Production start date for the Boise fabrication plant
   • Future quarterly margin reports to address analyst worries
   • Updates on RAM supply levels heading toward 2028
   Sources used for this update (8)

   1. Yahoo Finance — Micron just blew Wall Street away again — here's what's next
   2. Ars Technica — Memory executives expect RAM shortage to continue through 2028
   3. Barron's — Micron Stock Wobbles on Chip Cycle and Margin Worries. Two More Reasons to Fret.
   4. Yahoo Finance — Jim Cramer: Micron’s Boom and Bust Cycle Is Gone “At Last”
   5. The Motley Fool — Micron's Bull Run Isn't Over
   6. KBOI — Micron posts record year as Boise fab nears production
   7. Yahoo Finance — Micron's Last 5 Post-Earnings Dips Turned Into Gains. This Time, the Stock Rose Instead.
   8. finance.yahoo.com — Jim Cramer: Micron’s Boom and Bust Cycle Is Gone “At Last”
   confidence 80%