TRUMP DRIVES THE DOLLAR LOWER – GOLD, SILVER, AND STOCKS HIGHER; MEMORY SUPERCYCLE – MICRON ROCKETS
By Nigam Arora
To gain an edge, this is what you need to know today.
Memory Supercycle
Please click here for a chart of Micron stock (MU).
Note the following:
- The trendline on the chart shows MU stock has gone parabolic on AI demand for high bandwidth memory.
- Disk drive maker Seagate (STX) reported earnings better than consensus and whisper numbers. Comments from Seagate indicate the storage and memory supercycle driven by AI has further to go.
- The chart shows MU stock is gapping up on comments by Seagate.
- Earnings from NAND memory maker Sandisk (SNDK) and disk drive maker Western Digital (WDC) are ahead.
January 28, 2026