✉news TechnologySemiconductors first seen 22 h ago, last 8 h ago, peak #5
Micron Is Now More Profitable Than Apple Amid Chip Demand
Original: Apple Needs Chips, and “Micron Sets the Price.” Now Micron Is Making More Money than Apple
Micron Technology is reportedly earning more money than Apple, a striking reversal given that Apple depends heavily on Micron's memory chips for its devices. The report highlights Micron's pricing power in the current semiconductor market, suggesting that chipmakers supplying memory now hold the stronger bargaining position against even the biggest hardware customers.
Why now: Micron's surging profitability and pricing power over Apple reflect the ongoing boom and supply tightness in memory chips driven by AI demand.
Evidence
- Apple Needs Chips, and “Micron Sets the Price.” Now Micron Is Making More Money than Apple · Yahoo Finance
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