Micron Data Center Margin Hits 87 Percent While NVIDIA Market Value Falls One Trillion Dollars

The July 10 figure exceeds the chip maker's prior overall margin and arrives as growth rates and valuations diverge sharply across AI-linked names.

Micron Technology recorded an 87 percent gross margin in its data center business for the third quarter of 2026. The result, reported on July 10, sits above the 84.9 percent overall gross margin the company posted for the same period in an earlier release. Data center products, chiefly high-bandwidth memory, now account for the bulk of the margin expansion that earlier forecasts had tied to supply constraints.

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