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Micron Technology CFO: Revenue for the first fiscal quarter of fiscal year 2027 will reach 61.5 billion USD

Micron Technology (MU.O) Chief Financial Officer Mark Murphy stated during the earnings call that revenue for the first quarter of fiscal year 2027 will reach $61.5 billion, with earnings per share of $38.15, continuing to rise quarter-over-quarter, and clearly pointed out that this quarter will be the low point for gross margin for the entire fiscal year 2027, after which gross margins are expected to gradually recover in subsequent quarters.Micron has currently signed 26 long-term agreements, locking in approximately $150 billion in long-term orders. The supply and demand in the storage market for 2027 and 2028 will be tighter than in 2026, and "there is no end in sight for the restoration of supply and demand balance."Micron Technology (MU.O) expects capital expenditures for the first half of fiscal year 2027 to be around $25 billion, with higher spending in the second half, and most of the incremental spending will be for new wafer fabrication plants (construction expenditures) rather than purely for equipment procurement. Micron Technology CFO Mark Murphy explained that this is entirely because long-term contracts provide sufficient demand visibility, and new greenfield factories require a very long lead time.Additionally, Micron Technology Chief Financial Officer Mark Murphy also mentioned during the earnings call that in the fourth quarter of fiscal year 2026, Micron Technology generated an impressive $44 billion in operating cash flow and $33.2 billion in free cash flow.As time goes on, we expect to return 100% of excess cash to shareholders. We plan to begin increasing capital returns starting December 9, 2026 (the second anniversary of our signing of the final agreement for the CHIPS Act), primarily through stock buybacks.

first_img DeepSeek Harness v0.2 preview version released, desktop installation package launched

Phoenix Technology reported that on September 29, the DeepSeek Harness v0.2 preview version was officially released, providing installation packages for macOS and Windows desktop, and is now available on the DeepSeek official website. The new version comes pre-equipped with commonly used features for daily office work and development, and introduces a plugin installation and management page.This update optimizes file display, content preview, and code change display, improves the settings and management of automated tasks, and offers various ways to showcase work processes. Users can provide documents, spreadsheets, or PDFs for organizing materials, analyzing data, generating charts, or creating presentations, and can also modify projects and run code.The built-in automation task plugin can be activated as needed, supporting the scheduling of repetitive tasks and allowing users to view running records, adjust execution frequency, and task instructions. The plugin management page supports installing by entering the plugin package name, as well as disabling, uninstalling plugins, and viewing introductions and sources; in the experimental creative mode, users can describe their needs through dialogue, allowing it to write and modify plugins. The official statement indicates that the product is still in its early stages and will continue to improve the sandbox and security, agent teams, long-term memory, browser and other GUI software automation, remote and mobile usage, and explore session sharing and multi-user collaboration. According to the official model API user statistics, about 60% of users have used third-party plugins.
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