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Memory Chip Crunch Turns Windfall for US Chip Maker as Profit Surges to $28.2 Billion

A US memory chip company posted a profit jump from $1.88 billion to $28.2 billion year-over-year as surging demand for memory sent quarterly revenue quadrupling to $41.45 billion. The results show just how sharply the…

NM
NewsMV Markets Desk
3 min read
27 June 2026Markets desk
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