𝕏xSE first seen 1 d ago, last 20 h ago, peak #31
Micron Authorizes Record $35 Billion Share Buyback
Original: Micron Authorizes Record $35 Billion Share Buyback Program
Micron Technology's board has approved a share repurchase program worth up to $35 billion, the largest in the company's history. The memory chipmaker is riding strong demand for its HBM and DRAM products driven by artificial intelligence data centers, and investors are discussing the move as a signal of confidence in cash flow and the broader semiconductor upcycle.
Why now: The record size of the buyback and its timing amid the AI-driven memory boom make it a major market story.
Micron Technologysemiconductor industryUS stock market
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