--- title: "The memory chip crunch is paying off for this U.S. company" url: https://daily.dev/posts/the-memory-chip-crunch-is-paying-off-for-this-u-s-company-yfnc06xjm source_url: https://techcrunch.com/2026/06/24/the-memory-chip-crunch-is-paying-off-for-this-u-s-company type: article source: "TechCrunch" published: 2026-06-24T21:31:33.315Z updated: 2026-06-24T21:31:52.898Z tags: ["gpu", "anthropic"] reading_time: 2 upvotes: 0 comments: 0 language: en --- > ## Documentation Index > Fetch the complete documentation index at: https://daily.dev/llms.txt > Use this file to discover all available pages before exploring further. # The memory chip crunch is paying off for this U.S. company **[TechCrunch](https://daily.dev/sources/tc)** · 2 min read · 0 upvotes · 0 comments ## Summary Micron, the largest U.S. memory chip maker, reported record Q3 earnings with revenue quadrupling to $41.45 billion and profit surging from $1.88 billion to $28.2 billion year-over-year. The results were driven by surging AI demand for memory chips amid a global shortage predicted to last through 2027. Micron also announced a strategic deal to supply Anthropic with memory and storage chips and participated in Anthropic's Series H funding round. The company forecasts Q4 revenue of $49–$51 billion. ## Full article daily.dev links to this article rather than hosting it. Read it at the original source: ## Similar posts on daily.dev - [Micron’s revenue quadrupled as AI memory demand pushes gross margins above 81 percent](https://daily.dev/posts/micron-s-revenue-quadrupled-as-ai-memory-demand-pushes-gross-margins-above-81-percent-7pm8gmjuh) · The Next Web · 0 upvotes · 0 comments - [Why Wall Street thinks US memory maker Micron is the next Nvidia](https://daily.dev/posts/why-wall-street-thinks-us-memory-maker-micron-is-the-next-nvidia-qa0ojpmro) · TechCrunch · 0 upvotes · 0 comments --- Tags: [#gpu](https://daily.dev/tags/gpu), [#anthropic](https://daily.dev/tags/anthropic) [View this post on daily.dev](https://daily.dev/posts/the-memory-chip-crunch-is-paying-off-for-this-u-s-company-yfnc06xjm)