The AI boom has fueled dozens of new startups and minted a new class of billionaires. It has also produced a serious shortage of memory chips \u2014 a critical component for compute-hungry AI models \u2014 which some predict could persist through 2027.<\/p>\n
This era of RAMageddon isn\u2019t just a corporate problem. As demand spikes and squeezes supply, prices are rising and trickling down to consumers. Apple CEO Tim Cook warned just a week ago that price increases for its products are unavoidable.<\/p>\n
But amid this Mad Max-esque fight for memory chips, some companies are coming out ahead. Micron, the largest U.S. computer-memory chip maker \u2014 with a market cap of $1.2 trillion \u2014 is one of them. That hasn\u2019t always been the case. The company\u2019s shares were trading around $83 in early 2024 (with a market cap of about $91 billion) and closed today at $1,048.51.<\/p>\n
The company reported third-quarter earnings after markets closed Wednesday, and the results sent shares soaring more than 13%. Revenue quadrupled to $41.45 billion compared with the same period a year ago. The company\u2019s profit, meanwhile, rose from $1.88 billion to an incredible $28.2 billion year-over-year.<\/p>\n
The Idaho-based company also gave investors a positive outlook, forecasting fourth-quarter revenue of between $49 billion and $51 billion.<\/p>\n
The strong results arrive the same week Micron inked a deal to supply AI lab Anthropic with memory and storage chips. Micron also disclosed that it participated in Anthropic\u2019s Series H funding round, though it didn\u2019t disclose how much it invested.<\/p>\n<\/div>\n
[analyse_source url=”https:\/\/techcrunch.com\/2026\/06\/24\/the-memory-chip-crunch-is-paying-off-for-this-u-s-company\/”]<\/p>\n","protected":false},"excerpt":{"rendered":"
[analyse_image type=”featured” src=”https:\/\/techcrunch.com\/wp-content\/uploads\/2026\/06\/micron-HQ-GettyImages-2147904174.jpg?resize=1200,801″] The AI boom has fueled dozens of new startups and minted a new class of billionaires. It has also produced a serious shortage of memory chips \u2014 a critical component for compute-hungry AI models \u2014 which some predict could persist through 2027. This era of RAMageddon isn\u2019t just a corporate problem. As […]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[2],"tags":[226,62],"class_list":["post-2011163","post","type-post","status-publish","format-standard","hentry","category-politics","tag-crawlmanager","tag-techcrunch-com"],"_links":{"self":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2011163","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=2011163"}],"version-history":[{"count":0,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=\/wp\/v2\/posts\/2011163\/revisions"}],"wp:attachment":[{"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=2011163"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=2011163"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/analyse.optim.biz\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=2011163"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}