Hacker News new | ask | show | jobs
by Spooky23 202 days ago
Micron is chasing AI glory. Their stock valuation has no room for consumer business, which is a distraction.

You can’t think about companies like it’s 2024. We’re in a gilded age with unlimited corruption… Anything can happen. They can sign a trillion dollar deal with OpenAI, get acquired by NVidia, merge with Intel, get nationalized by Trump, etc.

1 comments

> Micron is chasing AI glory.

Sounds to me like they are using the tried and true method of selling equipment to the people rushing for gold

Perhaps, but when the gold rush is over and the demand for shovels falls, you've now salted the earth you're returning to.
People aren’t going to care. They’ll re-enter the market, perhaps with a new name, and people will have no qualms buying their stuff.