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Micron is tech's margin king memory crisis pushes it past Nvidia, Meta

Micron said in its earnings report that its gross margin jumped to 84.9% from 39% a year ago....

News Desk

Staff Writer

Published

Jun 25, 2026

Source

CNBC

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Micron is tech's margin king memory crisis pushes it past Nvidia, Meta

AI Insight:Micron's surge to the top of the tech margin rankings highlights the significant impact of the global memory crisis on the industry's profit margins.

Micron's recent earnings report has marked a notable shift in the tech industry, as the memory chip manufacturer has surpassed both Nvidia and Meta in terms of gross margin. According to the report, Micron's gross margin jumped to 84.9% from 39% a year ago, a stark increase that reflects the company's ability to capitalize on the current memory crisis. The shortage of memory chips has led to a significant increase in demand and prices, creating a perfect storm for companies like Micron that are well-positioned to benefit from the supply shortage. As a result, Micron has emerged as the tech industry's margin king, a title previously held by other industry leaders. This development has significant implications for the tech industry, as companies that are able to navigate the memory crisis effectively will be well-positioned to reap the rewards of the current market conditions.