[Micron's Latest Gross Margin Nears 85%, Surpasses NVIDIA to Become the New Profit King Among Major U.S. Tech Companies] Odaily Planet Daily reports that according to financial data, Micron's latest gross margin reached an impressive 84.9%, significantly surpassing the previous quarter's 74.9% and last year's 39%. It also overtook Meta's 81.9% and NVIDIA's 75%. Micron CFO Mark Murphy stated that the gross margin for the third quarter of fiscal year 2026 more than doubled compared to the same period last year, setting a new record in the company's history. This data highlights Micron's pricing power, allowing it to break free from its past image as a commodity manufacturer and ascend to become the new profit king among major U.S. tech companies. (CNBC)