Micron Technology (MU.O) expects FY2027 1H capital expenditure of about $25bn, with higher spending in H2; most incremental outlays will fund new wafer fabs (construction) rather than equipment. CFO Mark Murphy said this reflects demand visibility from long-term contracts and the long lead times required for greenfield fabs.

2026-10-01

Micron Technology (MU.O) expects FY2027 1H capital expenditure of about $25bn, with higher spending in H2; most incremental outlays will fund new wafer fabs (construction) rather than equipment. CFO Mark Murphy said this reflects demand visibility from long-term contracts and the long lead times required for greenfield fabs.