🇺🇸Micron (美光科技) projects $25 billion in capital expenditure during FY2027’s first half, including approximately $11.5 billion in the first quarter.

Micron (美光科技) expects approximately $11.5 billion of capital expenditure in fiscal 2027’s first quarter and approximately $25 billion in its first half, according to the supplied company-attributed Telegram report. The first-quarter amount is included within the first-half projection, not additional to it.

The accompanying prepared-remarks report says management expects memory and storage supply-demand conditions to be substantially tighter in fiscal 2027 and fiscal 2028 than in fiscal 2026. This is Micron’s outlook, not an established future market outcome.

A separate message reports that Micron expects fiscal 2027 operating expenses to increase by approximately $2.5 billion. That operating-expense increase is distinct from capital expenditure and should not be combined with the investment figures as though it were additional capital spending.

The supplied material does not allocate the projected capital expenditure among factories, production equipment, packaging, or specific memory products. No Micron SEC filing or original earnings document is included, so these figures remain attributed to the supplied Telegram reports rather than filing-verified spending commitments.