NewsHK
Micron Technology reported a gross margin of 84.9% in its latest earnings — more than double the 39% recorded a year earlier — placing the memory chipmaker ahead of both Nvidia and Meta on that profitability measure.
The result, disclosed in Micron's earnings report, traces directly to an acute crisis running through the global memory chip market, and it reframes where margin quality can be found across the technology sector.
A 46-Point Swing That Redefines the Company A year ago, Micron's gross margin of 39% situated the company comfortably within the cyclical semiconductor range for a business navigating a downturn.
The move to 84.9% — roughly 46 percentage points higher in a single twelve-month period — is not a refinement of the model; it is a structural repricing of what the global memory market will bear.
Keep reading