{
  "company": "MU · 美光科技",
  "checked_on": "2026-09-13",
  "original_directory": "1_草稿箱/MU_网页图解待审核_2026-09-12/web-ecc71517cd7c",
  "output_directory": "web-capital",
  "title": "扩张承诺不等于当季支出",
  "date_note": "季度实际截至2026-05-28；以下公告发生于7—8月，不并入Q3现金流",
  "events": [
    {
      "classification_label": "2026-07-09 · 计划与附条件安排",
      "title": "供应链投资最高30亿美元",
      "paragraphs": [
        "公司计划投入最高30亿美元加强美国半导体供应链，其中拟向环球晶圆提供5亿美元战略融资支持，并订立10年供应协议。5亿美元属于上述计划的一部分，不能相加成35亿美元。",
        "拟议交易仍取决于最终协议、通常批准及交割条件。公告不证明全部资金已支付，也没有给出足以拆分季度现金支出的进度表。"
      ],
      "source": "https://investors.micron.com/news/press-release/2026/Micron-Announces-Up-to-3-Billion-Strategic-Investment-to-Strengthen-U-S--Semiconductor-Ecosystem/default.aspx",
      "source_location": "正文前四段及proposed transaction条件段",
      "unit": "USD million",
      "investment_cap": 3000,
      "included_financing_support": 500,
      "supply_term_years": 10,
      "cash_paid": null
    },
    {
      "classification_label": "2026-08-13 · 基金规模与承诺",
      "title": "新基金规模2.5亿美元",
      "paragraphs": [
        "Micron Ventures推出Paradigm Fund，规模2.5亿美元；加入这只基金后，旗下基金总资本承诺增至5.5亿美元。两者不是两笔可以相加的新增投资。",
        "公告未披露该基金实际已部署金额。其与7月供应链计划的资金覆盖关系也未明确，不将两份公告机械合计为新增现金支出。"
      ],
      "source": "https://investors.micron.com/news/press-release/2026/Micron-Ventures-Launches-250-Million-Fund-to-Invest-in-the-Next-Generation-of-AI/default.aspx",
      "source_location": "正文首段及total capital commitment段",
      "unit": "USD million",
      "new_fund_size": 250,
      "total_ventures_commitment": 550,
      "deployed_amount": null
    },
    {
      "classification_label": "2026-07-16 · 已完成协议，金额未披露",
      "title": "汽车协议增强供需可见度",
      "paragraphs": [
        "公司披露与汽车一级供应商及生态伙伴完成战略客户协议，涉及供给与价格的可见度。公告明确，这些协议属于Q3电话会已讨论的协议。",
        "不能将7月公告全部当成Q3后新增订单；未披露合同金额和确认收入，网页不据此上调营收。"
      ],
      "source": "https://investors.micron.com/news/press-release/2026/Micron-Strengthens-Automotive-Ecosystem-Supply-Through-Strategic-Customer-Agreements/default.aspx",
      "source_location": "正文首段、供给价格段及among the SCAs discussed段",
      "contract_value": null,
      "recognized_revenue": null
    },
    {
      "classification_label": "2026-08-26 · 官方日程",
      "title": "下次验证：9月30日财报",
      "paragraphs": [
        "公司安排2026年9月30日美国山地时间14:30举行Q4业绩电话会。9月13日读取的官方投资者首页仍将Q3列为最新季度报告。",
        "下方Q4数据继续标为此前公司指引，不转为实际值；本次不创建提醒或定时任务。"
      ],
      "source": "https://investors.micron.com/news/press-release/2026/Micron-Technology-to-Report-Fiscal-Fourth-Quarter-Results-on-September-30-2026/default.aspx",
      "source_location": "正文首段；季度状态交叉核对IR首页Latest quarterly report",
      "next_call": "2026-09-30 14:30 Mountain time",
      "quarter_status_source": "https://investors.micron.com/overview/default.aspx"
    }
  ],
  "interpretation": "研究观察：下一季要核对利润增长转化为现金的程度、供应链安排的实际付款与会计分类，以及客户协议兑现情况。公告中的额度和承诺不替代现金流，也不直接支持投资结论。",
  "limits": "本页仅核验上述正式公告及官方最新季度入口，不代表全量SEC期后扫描。原季度图片及PDF保留，不包含本次期后补充；季度实际、指引与期后事项分开。未授权发布。",
  "publication": "NOT_AUTHORIZED"
}