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CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS - USD ($)
$ in Millions
3 Months Ended
Oct. 03, 2025
Sep. 27, 2024
Income Statement [Abstract]    
Revenue, net $ 2,818 $ 2,212
Cost of revenue 1,591 1,406
Gross profit 1,227 806
Operating expenses:    
Research and development 294 262
Selling, general and administrative 138 204
Litigation matter 0 3
Business realignment charges 3 3
Total operating expenses 435 472
Operating income 792 334
Interest and other income (expense):    
Interest income 17 7
Interest expense (59) (99)
Gain on retained interest in Sandisk 611 0
Other income (expense), net (24) 1
Total interest and other income (expense), net 545 (91)
Income before taxes 1,337 243
Income tax expense 155 90
Net income 1,182 153
Net income from discontinued operations, net of taxes 0 340
Net income $ 1,182 $ 493
Basic:    
Continuing operations (in dollars per share) $ 3.34 $ 0.43
Discontinued operations (in dollars per share) 0 0.97
Basic (in dollars per share) 3.34 1.40
Diluted:    
Continuing operations (in dollars per share) 3.07 0.42
Discontinued operations (in dollars per share) 0 0.93
Diluted (in dollars per share) $ 3.07 $ 1.35