By Marc Guberti, The Motley Fool
Publication Date: 2026-10-07 19:11:00
Nvidia (NASDAQ: NVDA) is the world’s most valuable publicly traded company, but it may not hold that title in a few years. Memory chip maker Micron (NASDAQ: MU) has a real shot at taking the crown. Fundamentals and growth rates are on Micron’s side as both companies continue to outperform the S&P 500.
Micron may soon generate more revenue per quarter than Nvidia
The recent memory chip boom has closed the gap between Micron and Nvidia. Looking at what both companies did last year and then comparing it to their most recent earnings releases will paint the picture.
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Micron’s fiscal 2025 fourth quarter featured $11.3 billion in revenue, while Nvidia earned $46.7 billion in its fiscal 2026 second quarter. Nvidia brought in more than 4 times Micron’s revenue during that time.
Now, let’s fast-forward a year to the present day. Micron’s fiscal 2026 fourth-quarter results revealed $54.2 billion in revenue, while Nvidia’s fiscal 2027 second-quarter sales were $96.2 billion. A more than 4x difference in Nvidia’s favor shrank to a 1.8x difference in one year.
Guidance also favors Micron, with the memory chip maker projecting 13.4%…
