Micron becomes one of the most profitable companies in the US - Crypto Briefing

Micron Technology delivered exceptional financial results in Q3 2026, reporting a net income of $28.24 billion—up from $1.89 billion in the prior year—while revenue surged to $41.46 billion, a more th... Read original →

Micron’s profit surge reflects AI’s memory bottleneck turning into a revenue bonanza. Soaring HBM demand is straining TSV and CoWoS packaging ecosystems, amplifying foundry leverage—especially TSMC’s. While U.S. CHIPS Act subsidies aid domestic fab builds, export controls inflate compliance costs for Micron’s expansions in India and Japan, ceding agility to Samsung’s Korea-centric scaling. With SK Hynix racing toward HBM4 and Samsung betting on GDDR7, Micron must convert its 84.9% gross margin into architectural leadership—or risk seeing today’s peak profitability collapse as a cyclical mirage. Its $1T valuation hinges on locking in next-gen NVIDIA GPU memory sockets within the next 18 months.