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Technology Stocks : Semi Equipment Analysis
SOXX 305.47+3.1%Nov 5 4:00 PM EST

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Kirk ©
To: Johnny Canuck who wrote (93156)10/16/2024 9:38:34 AM
From: Return to Sender1 Recommendation   of 95368
 
MU raised capex in June:

Applied Materials, Lam Research Rise On Micron Capex Plans | Investor's Business Daily (investors.com)

According to what I read last night concerning their conference call they did not change their higher capex guidance during their conference call:

finance.yahoo.com

SNIP: The companys fiscal 2025 CapEx is expected to be meaningfully higher, driven by growth in greenfield fab construction and HBM CapEx investments, which could strain financial resources.

But I could be wrong. BTW... TSM earnings tomorrow.

RtS
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