r/wallstreetbets
Micron will beat earnings easily. Data proof.
Surging memory and AI SSD exports from Asia prove Q3 prices will far exceed expectations, setting Micron for an earnings beat.
- South Korea and Taiwan trade data show memory export values and AI SSD shipments surging over 250% and 330% YoY, respectively.
- Fixed factory capacity combined with triple-digit value spikes indicates Q3 contract prices are rising much faster than expected.
- Enterprise AI server SSD and standard DRAM pricing power is shattering Wall Street's conservative 3-13% Q3 hike estimates.
Wall Street thought memory price hikes would flatten out in Q3, but the brand-new trade data from Taiwan and South Korea proves they completely underestimated the market.
South Korea (Data out June 14): Memory semiconductor export values exploded by 254.9% year-on-year, and enterprise AI SSD storage shipments surged 337.7%. Because factory capacity is completely fixed, this triple-digit value spike proves Q3 contract prices are rising way faster than expected.
Taiwan (Data out June 9): Export numbers shattered market consensus, surging 51.7% year-on-year driven entirely by soaring semiconductor pricing power.
What Wall Street expected: Analysts predicted standard Server DRAM and PC RAM price hikes would slow down to just 3% to 13% for Q3.
The Explosive Reality: South Korea just reported a jaw-dropping 254.9% year-on-year explosion in memory export values, while enterprise AI server SSD storage shipments surged 337.7%. Concurrently, Taiwan's trade exports shattered market consensus by growing 51.7% purely on semiconductor pricing power.
The trade data that just dropped covers the month of May (which just ended), and it reveals exactly what is happening to prices right now as the industry transitions from Q2 into Q3.
Link: https://www.koreaherald.com/article/10771167