MU · 10-Q · 2026Q2 · Full report
Capital Expenditure Outlook
MICRON TECHNOLOGY INC · 2026-06-25 · Importance 68 · Surprise 42 · Matches filing data
Micron estimates fiscal 2026 capital expenditures for property, plant, and equipment, net of government-incentive proceeds, at approximately $27 billion. Actual spending may vary with market conditions, quarterly timing, and the receipt of government incentives. As of May 28, 2026, property, plant, and equipment purchase obligations were approximately $2.93 billion, substantially payable within one year. Micron stated that cash and investments, operating cash flow, government incentives, customer deposits, and available financing should fund requirements through at least the next 12 months and the foreseeable future.
Key facts
- Estimated capital expenditures for property, plant, and equipment in 2026, net of proceeds from government incentives: approximately $27 billion. source
Impact estimates
| metric | direction | stage | expected | basis |
|---|---|---|---|---|
| cash | negative | committed | -17.1% | Estimated capital expenditures for property, plant, and equipment in 2026, net of proceeds from government incentives: approximately $27… |
| assets | positive | committed | +17.1% | Estimated capital expenditures for property, plant, and equipment in 2026, net of proceeds from government incentives: approximately $27… |