Micron's Gross Margin Soared From 39% to 84.9%, Surpassing Nvidia and Meta
Micron Technology reported that its gross margin surged to 84.9%, up from 39% a year ago, making it the highest-margin major tech company — ahead of both Nvidia and Meta. The dramatic improvement was driven by the ongoing memory market crisis, which has sharply pushed up prices and profits for memory chip makers. Micron's results have redefined expectations for profitability in the semiconductor sector.
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