Micron CEO: Expects capital expenditure in the fourth quarter to be around $10 billion.

According to reports, Micron Technology's CEO stated that capital expenditures for the fourth fiscal quarter are expected to be around $10 billion, and full-year capital expenditures for fiscal year 2026 are expected to be approximately $27 billion. Capital expenditures for each quarter of fiscal year 2027 are projected to be higher than the level in the fourth fiscal quarter of 2026.