The Projection — a symmetric watercolor butterfly

The Projection

The surface is never the system.

← Research · Q1

Micron → unnamed vendor(s) — memory & storage

$25.0B (estimate) — On Micron's fiscal fourth-quarter 2026 earnings call, as transcribed on gloom.sh, the company projected capital expenditures of around USD 11.5 billion for fiscal Q1 2027 and approximately USD 25 billion for the first half of fiscal 2027, net of anticipated government incentives. (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)

high confidence ·

$25.0B (estimate) — On Micron's fiscal fourth-quarter 2026 earnings call, as transcribed on gloom.sh, the company projected capital expenditures of around USD 11.5 billion for fiscal Q1 2027 and approximately USD 25 billion for the first half of fiscal 2027, net of anticipated government incentives. (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)

Sourced figures 1


the working

Basis

$25.0B (estimate) — On Micron's fiscal fourth-quarter 2026 earnings call, as transcribed on gloom.sh, the company projected capital expenditures of around USD 11.5 billion for fiscal Q1 2027 and approximately USD 25 billion for the first half of fiscal 2027, net of anticipated government incentives. (paid to unnamed vendors/contractors — this source doesn't disclose who specifically got the money)

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 Research · Q1.