HeyJaredChris Mellor
- Indexed articles, last 90 days
- 1
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- Oct 1, 2026
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- Oct 1, 2026
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Memory gold rush bonanza makes billions for Micron (opens the original)
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Memory triopolist Micron reported surging revenues again in its latest quarter as persistent memory undersupply enabled price increases leading to an 86.8 percent gross margin. Revenues of $54.23 billion were up 379 percent Y/Y, smashing its revenue outlook for the quarter; $50 billion ± $1.0 billion. GAAP profits rose a prodigious 1,078 percent to $37.7 billion, more than its entire second quarter revenue ($23.8 billion) and representing 69.5 percent of its revenues. The profit margin is gettin
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