美光科技：管理层会议称，即便新增产能投产，供应紧张局面仍将持续至 2026 年后，支撑价格进一步走强；维持增持评级

J P M O R G A N North America Equity Research 08 January 2026 Micron Technology Mgmt Mtg: Supply Tightness Seen Persisting Beyond CY26 Even as Additional Capacity Comes Online, Supporting Further Strength in Pricing; Reit OW We hosted an investor group meeting with MU's CFO, Mark Murphy, CBO, Sumit Sadana, and Senior Director of Investor Relations, Samir Patodia. Below we highlight our key takeaways: See page 4 for analyst certification and important disclosures. J.P. Morgan does and seeks to do business wi ...