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REDDIT

Confusing reaction to Micron

I
Jul 9, 2026 · 22:44

Anyone else think the big up day today for MU is odd considering what they just announced? $250B spend on new mfg site will suck up free cash flow and also turn into very large expenses once finished. A building might have 25+ yr life, the tech stacks and capital equipment, all the other elements are much shorter. So massive expense increase an ongoing operational expenses when you are also reducing the demand/supply ratio. Hard to see how any of that is positive to EPS, it’s all negative. Perhaps necessary due to competitive pressures, but definitely negative.