Cramer Says Micron’s AI-driven cash flow should guide capital use
Jim Cramer argues Micron should decide how to deploy exceptional memory cash flow driven by AI demand. Revenue hit a record $41.46 billion with $18.3 billion in adjusted free cash flow, and adjusted gross margin rose to 84.9% in fiscal Q3 2026. With a $10 billion buyback authorization and plans to return 100% of excess cash, shareholders must judge whether retained capital beats equivalent repurchases amid potential pricing pressure as new fabs start up.
Coverage (5)
- Micron Technology Consolidation: Soaring Memory Revenue Meets Fresh Policy Uncertainty (benzinga.com)
- Jim Cramer Said Micron Technology, Inc. (NASDAQ:MU) Fell Because Of Samsung’s Share Buybacks (finance.yahoo.com)
- Micron Technology Doubles Capex as AI Memory Shortage Deepens (marketbeat.com)
- Micron Technology Doubles Capex as AI Memory Shortage Deepens (tradingview.com)
- Jim Cramer Is Bullish on Micron (MU) as AI Fuels Memory Demand (finance.yahoo.com)