Micron Technology (MIL:1MU) Construction In Progress: €6,332 Mil (As of Feb. 2026)


MIL:1MU Micron Technology Inc MIL:1MU
70 GF Score
Price €949.90
GF Value €356.20
Valuation Significantly Overvalued
! 8 Warning Signs
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What is Micron Technology Construction In Progress?

Micron Technology MIL:1MU -7.54% 70 Construction In Progress is €6,332 Mil as of Feb. 2026. GuruFocus rates MIL:1MU with a GF Score™ of 70/100 and a GF Value™ of €356.20 (Significantly Overvalued). The stock has 8 warning signs investors should review.

Micron Technology's quarterly construction in progress increased from Aug. 2025 (€4,740 Mil) to Nov. 2025 (€4,924 Mil) and increased from Nov. 2025 (€4,924 Mil) to Feb. 2026 (€6,332 Mil).

Micron Technology's annual construction in progress increased from Aug. 2023 (€2,259 Mil) to Aug. 2024 (€3,124 Mil) and increased from Aug. 2024 (€3,124 Mil) to Aug. 2025 (€4,740 Mil).

Micron Technology Construction In Progress Historical Data

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The historical data trend for Micron Technology's Construction In Progress can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

Micron Technology Construction In Progress Chart

Micron Technology Annual Data
Trend Aug16 Aug17 Aug18 Aug19 Aug20 Aug21 Aug22 Aug23 Aug24 Aug25
Construction In Progress
Get a 7-Day Free Trial Premium Member Only Premium Member Only 1,289.45 1,872.34 2,259.49 3,123.71 4,739.96

Micron Technology Quarterly Data
May21 Aug21 Nov21 Feb22 May22 Aug22 Nov22 Feb23 May23 Aug23 Nov23 Feb24 May24 Aug24 Nov24 Feb25 May25 Aug25 Nov25 Feb26
Construction In Progress Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 4,249.92 4,379.12 4,739.96 4,924.45 6,332.31
MIL:1MU
70GF Score
Micron Technology Inc MIL:1MU
Construction In Progress is just one metric. See GF Score™, valuation, warning signs, and more.
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Micron Technology Construction In Progress Calculation

It records the cost of construction work, which is not yet completed (typically, applied to capital budget items). A construction in progress item is not depreciated until the asset is placed in service. Normally, upon completion, a construction in progress item is reclassified, and the reclassified asset is capitalized and depreciated.

What does a Construction In Progress of €6,332 Mil mean?
Micron Technology (MIL:1MU) has a Construction In Progress of €6,332 Mil as of Feb. 2026. Construction in Progress records the amount of construction work that is not complete. View historical data on Micron Technology and its competitors.
Is Micron Technology's Construction In Progress too high?
Micron Technology's current Construction In Progress is €6,332 Mil. Overall, Micron Technology has a GF Score™ of 70/100 and is considered Significantly Overvalued, reflecting its overall financial health beyond just this single metric.
How does Micron Technology's Construction In Progress compare to AMD and INTC?
Micron Technology's Construction In Progress of €6,332 Mil can be compared against companies in the Semiconductors industry. See the competitive comparison table and distribution chart on this page for a detailed peer-by-peer breakdown.
What is a good Construction In Progress for a Semiconductors company?
A good Construction In Progress depends on the Semiconductors industry context. However, Construction In Progress should not be evaluated in isolation — investors should consider it alongside profitability, growth, and financial strength metrics. Use the industry distribution chart on this page to see where any company falls relative to its peers.
What does a high Construction In Progress mean?
A high Construction In Progress can signal that a stock is expensive relative to its fundamentals. Construction in Progress records the amount of construction work that is not complete. View historical data on Micron Technology and its competitors. Micron Technology's current Construction In Progress is €6,332 Mil. However, context matters — high-growth companies often justify higher valuations. Always evaluate alongside other metrics like GF Score™ and GF Value™.
Is Micron Technology stock overvalued right now?
Based on GuruFocus' analysis, Micron Technology (MIL:1MU) is currently considered Significantly Overvalued. The stock's GF Value™ is €356.20, compared to a current price of €949.90 — trading 166.7% above its estimated fair value. The current Construction In Progress is €6,332 Mil. Micron Technology's overall GF Score™ is 70/100 with 8 warning signs to review. Investors should evaluate multiple metrics — including profitability, growth, and financial strength — before making a decision.
How is Construction In Progress calculated?
Construction In Progress is calculated from a company's financial statements. For Micron Technology (MIL:1MU), the current Construction In Progress is €6,332 Mil as of Feb. 2026. GuruFocus calculates this using data sourced from SEC filings and annual reports. See the calculation section and 30-year financial data on this page for the full breakdown.

Is Micron Technology (MIL:1MU) Overvalued in 2026?

Based on GuruFocus' analysis, Micron Technology stock appears to be overvalued. The current stock price of €949.90 is trading 166.7% above its estimated GF Value™ of €356.20. GuruFocus considers Micron Technology to be Significantly Overvalued.

Key valuation signals for MIL:1MU:

  • Construction In Progress: €6,332 Mil
  • GF Value™: €356.20 vs. price of €949.90 (166.7% above fair value)
  • GF Score™: 70/100 with 8 warning signs

No single metric tells the full story. See the MIL:1MU stock analysis page for a complete view including 30-year financials, guru trades, and insider activity.

Micron Technology Business Description

Address 8000 S. Federal Way, Boise, ID, USA, 83716-9632
Micron is one of the largest semiconductor companies in the world, specializing in memory and storage chips. Its primary revenue stream comes from dynamic random access memory, or DRAM, and it also has minority exposure to not-and or NAND, flash chips. Micron serves a global customer base, selling chips into data centers, mobile phones, consumer electronics, and industrial and automotive applications. The firm is vertically integrated.
70GF Score

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Construction In Progress is just one metric. See GF Value™, 30-year financials, guru trades, warning signs, and more.

€949.90
Price
€356.20
GF Value