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[Micron Technology CFO: In the fourth quarter of fiscal year 2026, it will generate $33.2 billion in free cash flow and plans to increase stock repurchases starting from December 9, 2026] On October 1, Micron Technology Chief Financial Officer Mark Murphy said at the earnings call that in the fourth quarter of fiscal year 2026, Micron Technology generated an astonishing operating cash flow of $44 billion and free cash flow of $33.2 billion. Over time, we expect to return 100% of excess cash to shareholders. We intend to increase capital returns, primarily through share repurchases, beginning on December 9, 2026, the second anniversary of our signing of the CHIP Act final agreement.
U.S. stock trends 🕐 2026-10-01 10:25
#chip #U.S. stock trends #memory chip
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