Micron Projects Operating Expenses To Rise By About $2.5B In Fiscal 2027, Mainly On Higher R&D And Incentive Pay

Micron Technology (MU) has projected an increase in operating expenses by approximately $2.5 billion for fiscal year 2027. This rise is primarily attributed to higher research and development costs as well as increased incentive pay for employees. The company's financial outlook indicates a strategic focus on enhancing innovation and employee motivation.