The memory chip crunch is paying off for this U.S. company
A major U.S. chip supplier’s revenue and profit surged as AI-driven memory demand tightened supply.
Excerpt
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.
Read at source: https://techcrunch.com/2026/06/24/the-memory-chip-crunch-is-paying-off-for-this-u-s-company/