At the JPMorgan Global Technology, Media, and Communications Conference, Micron CFO Mark Murphy said while there is no update on the May quarter, it now expects FY24 CapEx up to “about’ $8B, up from the previous view of $7.5B-$8B. Murphy added that, looking further out, the company projects “record revenue” in FY25 and “significantly improved profitability” year-over-year.
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