da-kuk/E+ via Getty Images Investment Thesis Micron's (NASDAQ:MU) stock triggered a 7% pullback despite a better-than-expected Q3 FY2024 earnings result. Its Q4 FY2024 guidance also topped the market consensus. Given the strong rally this year, the post-earnings selloff might be driven by consolidation or concern about a significant increase in capex impacting its FCF in FY2025. Nevertheless, MU's top-line growth trajectory has significantly reaccelerated since early this year, driven by price hikes and str ...