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▶ 1:41 · $WDC · $MU · Hoium models 80% downside for Micron as memory cycle peaks
episode briefing
Asymmetric Investing

Memory Stocks Face 80% Collapse | Here's Why

2026-07-15 · 4 company · 5 thematic
sentiment
0 bull4 bear0 neu
speakers
travis hoium

Travis Hoium hosts the Asymmetric Investing podcast/YouTube channel and manages the Asymmetric portfolio. He conducts fundamental research using Fiscal AI and focuses on platform business models, healthcare technology, and consumer subscription businesses. He discloses holding Hims & Hers as one of his largest positions.

quote
“What happens to Micron when we start to go to this point where they have negative operating margins? Remember, price-to-earnings multiples are based on earnings. And right now, the company's earnings are absolutely phenomenal. But, as rece…”
—travis hoium
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Hoium models 80% downside for Micron as memory cycle peaks
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