Business

Micron Surpasses Nvidia and Meta in Margins

Updated 2026-06-25 02:40 UTC 1 source Positive

Memory crisis has propelled Micron to become tech's new margin king, with its gross margin jumping to 84.9% from 39% a year ago. The company now surpasses rivals like Nvidia and Meta.

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CNBC

Micron is tech's new margin king as memory crisis pushes company past Nvidia and Meta

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

2026-06-24 22:33 UTC