Event arc
The chip shortage is significantly boosting profits for key hardware suppliers.
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AI BriefWire / Thread
The memory chip crunch is paying off for this U.S. company
A U.S. memory chip company saw its revenue quadruple to $41.45 billion year-over-year. Its profit surged from $1.88 billion to $28.2 billion in the same period. This growth is driven by the ongoing memory chip shortage in the market.
TechCrunch AI
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Market lens
Companies in the memory chip sector are experiencing unprecedented financial gains.
Operator take
Businesses should monitor chip supply trends to adjust procurement and investment strategies.
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Sources in this thread (1): TechCrunch AI
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The memory chip crunch is paying off for this U.S. company
A U.S. memory chip company saw its revenue quadruple to $41.45 billion year-over-year. Its profit surged from $1.88 billion to $28.2 billion in the same period. This growth is driven by the ongoing memory chip shortage in the market.
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The memory chip crunch is paying off for this U.S. company
A U.S. memory chip company saw its revenue quadruple to $41.45 billion year-over-year. Its profit surged from $1.88 billion to $28.2 billion in the same period. This growth is driven by the ongoing memory chip shortage in the market.