Micron’s Insane Productivity Explosion: Revenue Per Employee Doubled to $1.7 Million in Just 9 Months - 24/7 Wall St.

Micron Technology experienced an extraordinary productivity surge, with revenue per employee doubling from $838 in November 2025 to $1,703 in May 2026—a remarkable feat over just nine months. This dra... Read original →

Micron’s productivity surge is driven by robust demand from AI infrastructure and elevated memory chip pricing, pushing gross margins to 84.6% as DRAM and NAND revenues soar. This fuels upstream demand for silicon wafers and photoresist, while accelerating adoption of HBM4 and HBM3E in data centers. However, tight supply conditions persist, with Samsung securing 70% of HBM capacity through 2031, reinforcing industry consolidation. As market valuations reach 6x P/E, competitors like NVIDIA may pursue vertical integration, while Samsung leverages technological lead to gain market share. Over the next 12–24 months, semiconductor cycles will intensify, forcing companies to balance capex and capacity expansion. The resilience of supply chains in Taiwan, China and Hong Kong, China will be critical to sustaining this momentum.