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

Source: www.cnbc.com · Section: business-tech · Bias: Center-Right · Published: Wed, 24 Jun 2026 22:33:45 GMT

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

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The same story across the political spectrum (7 sources)

Center-Right: Micron stock jumps 15% as soaring prices from memory crunch lead to quadrupling of revenue — www.cnbc.com
Center-Left: Investors may be hitting pause on the AI run-up — www.axios.com
Center-Right: SK Hynix surges 12% after Micron earnings; blockbuster Nasdaq listing — www.cnbc.com
Center: Why SK Hynix’s $30 billion U.S. listing could be a double-edged sword for Micron’s stock — www.marketwatch.com
Right: Too hot to handle: US government restricts next-gen AI model after troubling discovery — www.theblaze.com

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