Micron's profit is projected to reach $114B by 2027. That's more than the entire US oil & gas sector combined.

Micron $MU began mass production of HBM4 chips (4th generation High Bandwidth Memory) in March 2026, specifically for Nvidia's Vera Rubin platform.

Its entire 2026 HBM4 output is already sold out under long-term, non-cancellable contracts.

Micron has transformed from a cyclical commodity memory maker into a strategic supplier of a critical AI infrastructure component and it trades at just 4–5x forward 2027 earnings.

The stock is in the Bastion Growth portfolio.