Micron, the only US-listed maker of high-bandwidth memory, poured a record $7.1 billion into net capital expenditures in its fiscal third quarter of 2026, ended 28 May 2026, up from $2.66 billion a year earlier, as it races to build HBM capacity for AI accelerators
Micron Technology, Inc. reported its net capital expenditures for the third quarter of fiscal year 2026, which ended on May 28, 2026. The company invested $7.1 billion in capital expenditures, net, during this period. This figure is an increase from $2.66 billion in the same quarter of the previous fiscal year.
Verified 2026-09-24
Track with InsiderWhy it matters
High-bandwidth memory feeds data to AI chips quickly, and Micron is spending heavily to make more of it.
- Price
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