The memory chip crunch is paying off for this U.S. company

Revenue quadrupled to $41.45 billion, while profit surged from $1.88 billion to $28.2 billion year-over-year. The dramatic jump in both top-line and bottom-line performance signals exceptional operating momentum and a major earnings beat relative to the prior-year period.

Analysis

Revenue quadrupled to $41.45 billion, while profit surged from $1.88 billion to $28.2 billion year-over-year. The dramatic jump in both top-line and bottom-line performance signals exceptional operating momentum and a major earnings beat relative to the prior-year period.