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Story summary
- Micron Technology said its Boise fab will output first wafers in mid-2027.
- Micron reported $133.19 billion revenue for fiscal 2026, more than triple 2025’s $37.38 billion.
- AI-driven demand is driving Micron’s need for additional memory manufacturing capacity.
- Micron spent $27.37 billion on capital expenditures in 2026 and held $73.48 billion cash.
- Micron projects fiscal 2027 Q1 revenue around $61.5 billion, plus or minus $1.5 billion.