Payrolls Rose 29,000. Micron Guided $61.5B. AMD Bought World Labs. | Ep 59

Micron's earnings beat is almost entirely price-driven, not volume-driven, and both hosts see further upside despite market skepticism at 6-7x earnings.

• Jobs report Goldilocks: September payrolls rose 29,000 vs ~90,000 expected, unemployment hit 4.2%, wage growth slowed to ~3% YoY, roughly matching core inflation.
• Micron's pricing supercycle: DRAM revenue up 27% sequentially (bit growth only mid-single digits), guided $61.5B next quarter at 87% gross margin; SCAs now 35%+ of revenue through 2030, RPO ~$150B.

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