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Asked how a pause on AI development would affect his Micron position, the host suggested Micron would see a short-term crash from market panic but would remain fine longer-term due to continued massive inference compute buildout. He views Micron as less exposed than Nvidia to any AI-pacing fallout.

Joe groups Micron with the broader memory/semiconductor space that he expects the market to overreact against once fears of an AI training buildout halt spread, likely by around 2028. He separately notes Micron dropped on news of an Intel-funded RAM manufacturing venture that he views skeptically.

Jo argues Micron is irrationally oversold given its earnings trajectory, calling it a 'screaming buy' and 'generational buying opportunity' despite a brutal short-term selloff with no fundamental justification. He notes the stock trades at a very low forward P/E despite projected massive earnings growth through 2029.

Joe views Micron's sell-off as irrational given surging DRAM/HBM demand that is expected to outstrip supply well into 2028, and believes the stock trades at an absurdly cheap valuation relative to its earnings power. He holds Micron as his biggest personal position and plans to keep it through upcoming Fed and earnings catalysts.

Discussing the wild volatility tied to a hedge fund liquidation and Korean market gyrations, the guest argued that memory stocks, including Micron, remain fundamentally undervalued despite the recent margin-driven selloff. He attributed the sharp drawdown to leverage and margin calls rather than deteriorating fundamentals.