Micron Technology (MU.US) exploded in its Q3 performance, with revenue increasing more than three times, gross profit margin of 84.9%, surpassing NVIDIA and Meta to top the technology industry.

According to the Wisdom Finance APP, after the market closed on Wednesday Eastern Time, Micron Technology (MU.US) released its financial report for the third quarter of the fiscal year 2026, ending on May 28. The strong data left Wall Street stunned. The company not only exceeded revenue and profit expectations by a large margin, but its adjusted gross margin also reached a historical peak of 84.9%, surpassing AI computing power and internet giants such as Nvidia (NVDA.US) and Meta (META.US), becoming the "Gross Margin King" among large US technology stocks.