Micron Technology, Inc's(NASDAQ:MU) AI boom may be turning into something investors rarely get from a memory-chip company: massive and increasingly predictable cash generation.
美光科技公司（納斯達克股票代碼：MU）的人工智慧熱潮或許正演變為投資者從一家記憶體晶片公司那裡鮮少見到的現象：大規模且日益可預測的現金流創造。
JPMorgan sees more than $100 billion of cumulative free cash flow from Micron between fiscal second-quarter 2027 and fiscal fourth-quarter 2027, creating a potential capital-return story on top of the AI memory trade.
摩根大通預計，從2027財年第二季度到2027財年第四季度，美光將累計產生超過1000億美元的自由現金流，這在人工智慧記憶體業務之外，還可能帶來可觀的資本回報。
• Micron Technology stock is trading at elevated levels. What's ahead for MU stock?
• 美光科技股價正處於高位。MU 股票後市如何？
AI Memory Supply Stays Tight
人工智慧內存供應持續緊張
The cash-flow outlook rests on a market that JPMorgan expects to remain unusually tight.
現金流前景取決於一個摩根大通預計仍將異常緊張的市場。 (Benzinga)