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The memory chip crunch is paying off for this U.S. company

TechCrunch • Wed, 24 Jun 2026

The memory chip crunch is paying off for this U.S. company

Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company's profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.

What happened?

Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company's profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.

Story details

Revenue quadrupled to $41.45 billion compared with the same period a year ago.

The company's profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.

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Original source

https://techcrunch.com/2026/06/24/the-memory-chip-crunch-is-paying-off-for-this-u-s-company/