I made two additions to The Million Mission portfolio this week.

Purchase #1

• 50 shares of Micron (MU) at $935/share

Purchase #2

• 1,000 more shares of Fannie Mae (FNMA) at $5.88/share

Here's why.

Micron: AI’s Biggest Bottleneck

Micron has been an absolute rocket ship this year.

And for good reason.

The global shortage of AI memory chips continues to worsen as hyperscalers race to build larger and larger AI data centers.

Memory has become the biggest bottleneck in the entire AI supply chain.

I've written about this repeatedly, and my view hasn't changed.

If anything, it's becoming even more apparent.

Wall Street now expects Micron to earn $73.32 per share this fiscal year.

Last year?

Just $8.29 per share.

That's nearly a 9-fold increase in earnings in a single year.

And analysts expect earnings to accelerate again next year to roughly $150 per share.

At my purchase price of $935, Micron trades at just over 6x next year's expected earnings.

For a company growing earnings this quickly, I believe that's an attractive valuation.

That said, I want to make one thing very clear.

This is not a forever stock for me.

This is very much a trade back towards its highs of $1,255.

So if you're following along with The Million Mission, pay close attention.

This is a position I'll likely sell shortly – not one I expect to own for the next few months or years.

I'm Also Adding To Fannie Mae

I also purchased another 1,000 shares of Fannie Mae.

This doesn't represent a new idea.

It represents higher conviction.

I've said many times that my goal with The Million Mission is to find asymmetric opportunities – situations where the upside dramatically outweighs the downside.

For me, Fannie Mae remains one of the best examples of that.

Despite spending more than 15 years in government conservatorship, the company remains one of the most important financial institutions in America.

It backs trillions of dollars in mortgages.

It generates billions of dollars in annual profits.

Yet the entire company is valued at only a fraction of what similar financial businesses would likely command under normal circumstances.

That's why I continue to believe that Fannie Mae's eventual exit from conservatorship will unlock enormous shareholder value.

If this thesis plays out, I believe today's share price could look extraordinarily cheap in hindsight.

Follow Along In Real Time

One final note...

If you're following The Million Mission, the best place to keep up with my trades is the Daily Feed inside the Paradigm app.

I posted both of these trades there the moment I made them.

Going forward, that's where I'll continue sharing my buys, sells, and portfolio updates the moment I make them.

Of course, I will always cover my trades more in-depth in these newsletter alerts. 

But if you want to see exactly what I'm doing with the portfolio as it happens, be sure to check the Daily Feed regularly.

I'll see you there.