Micron Technology Inc Announces Increased Capital Expenditure Plans for Fiscal 2027

Micron Technology Inc has announced plans to increase its capital expenditure (Capex) for fiscal year 2027. The company projects a Capex of around $11.5 billion in Q1 and anticipates approximately $25 billion for the first half of fiscal 2027. Additionally, Capex is expected to be higher in the second half of fiscal 2027. The company also expects higher incentive compensation levels during fiscal 2027.

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