Micron Could Be Much Bigger Than Anyone Realizes

**Melvin** (0:00)
We can see this well over 3,000, 3,500 even. That's where, even 4,000, I would not be surprised if we continue to grow at this pace, and I think we're going faster.

**LGD Set** (0:10)
What's up, everybody? It's LGD Set here, and welcome to Milk Road AI, the daily AI show that won't know for a few years if we miss the top, because we actually don't think it's hit yet. Today is June 25th, 2026 This is a special edition show today. Yesterday, a big moment, and kind of pull back, hit the market. Micron, one of the AI bottleneck trade darlings, and one that we called in Milk Road Pro way back in early March, reported its earnings and the results were spectacular. Quarterly revenue doubled up 74 percent from Q1 and 346 percent year over year. To tell us what that means and what to expect from here, we're doing a little special one-on-one episode with Melvin, our leading AI analyst and the guy who called that and many other winners in the last few months. And a reminder, you can see all his trades, hit his portfolio, and even ask him any question you want, which people do. This guy has answered like 20 questions this week alone in our Milk Road Pro Discord, often with like a full breakdown essay of what he means. You can join Milk Road Pro. It's only a dollar for seven days of trial at the link below. Today's episode is brought to you by Nexo, earn interest, borrow and trade crypto, and BitGet, stocks 2 with real liquidity, real dividends. Melvin, you knew this shit was gonna happen, man. You've been calling this and you knew these earnings would do well.

**Melvin** (1:26)
I did. Micron had an incredible earnings yesterday. I actually wrote up a piece on X saying that it was gonna go up, and why I said the consensus on the wall, she was wrong and I had exactly hit my target numbers, which was great.
Honestly, the words can't even describe how I'm feeling, because I honestly couldn't be more proud to be a shareholder of this company.
It was up about 17% this morning. Overall, the industry or the spy had a little bit of a pullback. Micron came down with it. It's up about 12% as of now, and Micron also just hit an all-time high, so that's great news. And also, there was so much nervousness going into the earnings, because memory was one of the hottest trades in the entire market right now. And it's safe to say Micron came out and shut down all the bears and confirmed that we're going higher. So yeah, it's been such a great earnings, and I couldn't be more proud of this company.

**LGD Set** (2:33)
There's nothing like being right about this kind of stuff, man. And you've nailed this. From the early days of us doing our kind of diversified portfolio approach in Milk Road Pro, where you have your portfolio, and Vincent has his, and Martin, Kyle, and John, and this was one of the very first things that you put in there and you've accumulated over time at 350 and 500, 600, 800 I remember even when it was like, it was cracking a thousand or 800 or pull back to 800 You're like, I'm adding here. And I was like, that's insane, man. Like take your pee, take the profit. But you've been right so far. Melvin, I know we are going to get to price predictions in a little bit, because now that it is doing well, new, even crazier price predictions are coming out. I think you originally had set a thousand bucks by the end of the year.
And we got to, what have we got today? Like $12.50 or something like that, whatever the all-time high is. And it's not even the end of the second quarter. So again, going to give you your flowers. That's kind of what this episode is about. And also to break down what the earnings mean, and whether it can hit any of those totally insane targets from here, considering that earnings were so positive. So I'll let you take it from here.

**Melvin** (3:43)
Cool. So before we actually get into the earnings, let me give you some context on memory, and it's boom and bust cycle, and how much memory we actually need. So I got a lot of interesting, cool charts coming up, and LG is going to put all that up. So historically, memory is one of the cyclical industries on earth. Cycle basically goes like this.
You have your demand that rises. Companies panics and they overbuild. They then the chips that they build floods the market. Prices collapse. Everyone cries and repeat. This is exactly what has happened for the last 40 years. If you look at the big players like Samsung, SK Hynex, Micron, they all have lived through this.