Svmuu News: According to financial reports, Micron’s latest gross margin reached 84.9%, not only far surpassing the previous period’s 74.9% and the 39% recorded in the same period last year, but also exceeding Meta’s 81.9% and NVIDIA’s 75%.
MicronChief Financial Officer Mark Murphy stated that the gross margin for the third quarter of fiscal year 2026 more than doubled compared to the same period last year and set a new company record. This figure highlights Micron’s pricing power, allowing it to break free from its past perception as a commodity manufacturer and emerge as the new profit leader among U.S. large-cap tech companies.(CNBC)
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Micron Its latest gross profit margin is close to 85%, surpassing NVIDIA to become the new profit leader among large U.S. tech companies.
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