MU · 10-K · 2026A · Full report
Capital Expenditure Program
MICRON TECHNOLOGY INC · 2026-10-09 · Importance 60 · Surprise 24 · In source text
Fiscal 2026 capital expenditures for property, plant, and equipment totaled $30.71 billion, partially offset by $3.32 billion of government incentive proceeds. The company estimates net capital expenditures of approximately $11.5 billion in the first quarter of fiscal 2027, approximately $25 billion in the first six months, and higher spending in the second half. Property, plant, and equipment purchase obligations totaled approximately $4.18 billion at September 3, 2026, substantially all payable within one year. The program supports new DRAM, NAND, HBM packaging, and advanced manufacturing capacity across the United States, Japan, Singapore, India, and Taiwan.
Key facts
- As of September 3, 2026, Micron had purchase obligations of approximately $4.18 billion for acquisition of property, plant, and equipment, substantially all expected to be paid within one year. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| liability | negative | committed | -1.8% | As of September 3, 2026, Micron had purchase obligations of approximately $4.18 billion for acquisition of property, plant, and equipment,… |
| cash | negative | committed | -1.8% | As of September 3, 2026, Micron had purchase obligations of approximately $4.18 billion for acquisition of property, plant, and equipment,… |