Is Micron Quietly Preparing for a Decline in AI Demand?
Quick read Micron’s 13% single-session stock drop spooked investors, but the prepayment of $8.6 billion in debt indicates financial strength, not an impending bust. Micron’s $25 billion capacity investment shows it isn’t sacrificing growth to reduce debt, with HBM demand expected to remain hot through 2027. Strong cash flow gives Micron flexibility to expand, pare …