Jahanara Nissar

While the Street worries about stagnant momentum in the memory markets and expects modest print and guide, we think the highlight of the call today could well be about MU breaking out of NVDA’s grip. Going into the 3FQ24 earnings event in June, we called a near-term top to MU’s fundamentals (link) and cut our […]

The Company filed an 8-k Friday after market close – the NASDAQ has granted its request for an extension for filing the necessary 10-K and 10-Q documents. The company has until 2/25/25 to file the documents and will remain listed on the exchange while it prepares the documents under the supervision of its newly appointed […]

In a disappointing presentation at an investor conference yesterday, the CFO, newly appointed as interim co-CEO, missed an opportunity to wipe the slate clean and start afresh. If, at the very least, Q4 guidance was reiterated, that would have been progress. But the vague language leaves investors guessing. Progress on 18A? Looks like the schedule […]

South Korea casts an outsized shadow on the global electronics supply chain. The shocking series of events in S Korea over the past 24 hours, a country known for its political stability, is sending shivers down the supply chain in Asia, already on edge due to the trade uncertainty radiating from the US. MU may […]

NVDA stock traded up ~20% since early October when the CEO started a media/Street campaign to message that Blackwell demand is ‘insane’ and that ‘everything’s on track’. With the stock close to its all-time high, we detect investor nervousness given that the valuation is leveraged to Blackwell, a future product cycle that has had trouble […]