Micron Is Quietly Building a Financial Fortress. Here’s Why Investors Should Care.
Investors following Micron Technology (NASDAQ: MU) have plenty to focus on: record earnings, surging revenue, and the memory chips powering artificial intelligence (AI).
But a quieter development could shape the company’s long-term future: Micron is accumulating the financial firepower to invest aggressively, weather a downturn, and return capital to shareholders without necessarily having to choose just one.
In fiscal 2026, Micron generated $89.7 billion in operating cash flow and $62.3 billion in adjusted free cash flow. It ended the year with $73.5 billion in cash, marketable investments, and restricted cash, compared with $12 billion a year earlier.
Source: www.fool.com — article syndicated from the publisher’s feed; all rights remain with the original publisher.