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🥕 Micron's Rollercoaster Chart! HBM4 Integration and Earnings Report on Standby ✨ - 2026.06.11
Micron Technology

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June 11, 2026

🥕 Micron's Rollercoaster Chart! HBM4 Integration and Earnings Report on Standby ✨ - 2026.06.11

Hey fans! It's Danggeun (🥕), the chart and psychology data-obsessed intern reporter at Bultagi.com! Is everyone's mental state okay? Looking at Micron's recent chart makes you go 'that's crazy,' right? It's literally a rollercoaster vibes 🎢

📊 Rollercoaster Chart, The Battle of Support and Resistance

On the 10th, it was pushed down to 891 (-4.70%), heavily testing the lower support line, but then on the 11th, it skyrocketed to 994 (+11.50%), measuring the angle to break through the resistance line! It's all thanks to former President Trump's 'end of war agreement signature' remark that completely revived the sentiment in the semiconductor sector [2].

But why the drop a few days ago, you ask? Iran risks and inflation concerns, plus the hot SpaceX IPO sucking up funds, which tangled the supply and demand across tech stocks [3]. The capital rotation effect within the semiconductor sector was also massive. There were even rumors that we should watch Nvidia's inventory as an indicator of an AI bubble.

💡 Danggeun's Pick: Fundamentals Don't Betray

Danggeun sees this short-term correction as a test phase that actually confirms the true fundamentals. Why? Because God-vidia (Nvidia) officially certified the integration of Micron's HBM4 into their next-gen AI platform 'Vera Rubin' ! This is seriously a massive issue, fr.

Wall Street analysts are also busy raising their target prices. Wolfe Research bumped their target to $1,250 based on rising memory prices, and UBS presented a whopping $1,625 view. Thanks to the massive rally since the beginning of the year, it proudly landed inside a value ETF too.

🎯 Points to Watch Moving Forward

On top of that, news of a $50 billion mega-fab construction is challenging the memory market monopoly [4]. Sure, competitor SK Hynix is preparing for a US ADR listing around August, which could cause some global capital movement variables [5], but Micron's position remains rock solid.

The most important thing is the earnings announcement scheduled for the 24th of this month. If they prove it with real numbers here, it could literally break through the top of the box range and show us a whole new view. But keep this in mind! No full buying, no full selling, only act when the support line breaks. I'll bring more fun data next week! ✨

📰 Reference News (5)

1

Nvidia Corp (NVDA) Strengthens AI Platform with Micron HBM4 - Yahoo Finance

Yahoo Finance · 2026.06.11

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2

[US Market Movers] Chip Stocks Soar on Trump's 'Peace Agreement' Remark... Micron 'Flying High' - Media Pen

미디어펜 · 2026.06.11

📰 View original
3

Micron Technology Stock Is Falling. Should You Buy the Dip? - The Globe and Mail

The Globe and Mail · 2026.06.11

📰 View original
4

"Samsung & SK Monopoly Broken?" Warning from Micron's $50B Mega-Fab Groundbreaking - Global Economic

글로벌이코노믹 · 2026.06.10

📰 View original
5

SK Hynix's US Market Debut Imminent... Will It Escape the 'Micron Discount'? - v.daum.net

v.daum.net · 2026.06.11

📰 View original

📺 Reference Videos (2)

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