system
A chat on subreddit /r/wallstreetbets
human
the thing is, even if the worst fears are realized regarding china, it would have a pe of like 12, still below the average for semis

gpt
Micron is in the commodity business, most large cap semis are not. All commodity stocks will exhibit low P/E ratios vs. late-cycle earnings figures because market participants will price in the cyclicality.