MU Increases Capex

Micron Technology Says Expect Quarterly Capex n Fiscal 2027 To Be Above Fiscal Q4 Levels; On Industry Trends, Says Currently Do Not Have Line Of Sight As To When Memory Supply Will Be Able To Catch Up With Increasing Demand; Any Impacts That May Occur Due To Trade Or Geopolitical Developments Are Not Included In Our Guidance; Intend To Increase Our Capital Return