One Part of Micron Just Made What the Whole Company Made Two Years Ago—In Three Months

Micron, a chip maker, reported one division pulled in $13.8 billion last quarter—as much as all its sales in 2024. Big tech companies racing to build AI need massive amounts of specialty memory chips from Micron. One part of the business now generates what used to take the entire company a year. Revenue is concentrating rapidly.