The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

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Capital · operating

~$51.4B/yr operating cash flow (TTM); ~$26.2B/yr FCF (TTM) — vs only $1.7B FCF FY25 (capex-heavy)

high confidence · as of 2026-07-26 · about Micron

Sourced figures 1


the working

Threads 2

A claim is one metric we assert about a node — the value is the summary, this page is the receipt. Sourced from kestrel; supersedes-history not yet shown. Back to Micron.