I’m Up 1,200% on This AI Stock. Here’s What I’m Doing Now

Couch Investor•Jun 25, 2026

Summary

Couch Investor analyzes the current surge in semiconductor stocks, focusing specifically on Micron's record-breaking performance. He highlights that Micron's market capitalization has surpassed Meta's, reaching $1.4 trillion, fueled by a 'super-cycle' in memory demand. The author emphasizes that Micron is no longer a simple commodity business because of its HBM (High Bandwidth Memory) components, which are custom-tailored for major tech clients like Nvidia and Google. He points out that Micron’s gross margins have exploded to over 84%, a level that may eventually lead customers to optimize their hardware and software to reduce costs, though demand remains sky-high for the next several years.

Regarding the broader market, Couch Investor notes a divergence where semiconductor names are rising while mega-cap tech stocks like Microsoft, Google, and Meta face selling pressure. He views this volatility as a headline-driven phase that offers entry points for patient investors. He warns that the capital expenditure (capex) growth cycle might peak around 2027, which could lead to negative headlines and price corrections in the future, but for now, the fundamental growth remains intact.

Micron (MU): Couch Investor highlights the company's exceptional quarterly growth, with revenue up 73% and NAND revenue up nearly 100% quarter-over-quarter. He notes that the company has secured $100 billion in binding backlog contracts through 2030, providing long-term visibility. He previously recommended the stock under $100 and currently considers it a hold or 'house money' play given its massive run-up and forward PE of 8-10x.

Palantir (PLTR): The author mentions that Palantir is showing weakness, trading around $110 per share in the transcript's context. He explicitly states that if the stock price drops to $100, it becomes 'very cheap' rather than just cheap. He justifies this by pointing to a PEG ratio that is currently around one or even slightly lower.

Big Tech (MSFT, GOOG, META, AMZN, NVDA): Couch Investor observes that these major players are currently in the red, with Microsoft, Google, and Meta all seeing price drops. He suggests that for long-term investors, it makes 'a lot of sense' to pick up these names during such periods of weakness. He believes the underlying businesses are still strong and the current dip is an opportunity to accumulate shares.