The memory chip crunch is paying off for this US company
TechCrunch·June 24, 2026
The US company has seen a significant surge in revenue, with a quadrupling to $41.45 billion compared to the same period last year. The company's profit has also experienced a substantial increase, rising from $1.88 billion to $28.2 billion year-over-year. This remarkable growth is attributed to the ongoing memory chip crunch, which has greatly benefited the company. The company's financial performance has been greatly boosted as a result.
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