Key Points Micron earned $28.2 billion in GAAP net income in its fiscal third quarter, which ended May 28. Tesla's GAAP net income for 2023, 2024, and 2025 combined totaled around $25.9 billion. Micron's CEO expects tight memory supply conditions to last past calendar 2027. These 10 stocks could mint the next wave of millionaires › At the start of 2026, Tesla (NASDAQ:TSLA) was worth more than five times as much as Micron Technology (NASDAQ:MU) . That gap has nearly closed. Micron stock has almost quadrupled this year, but Tesla shares are off around 17% as of this writing. That leaves the EV maker worth about $1.47 trillion, versus around $1.22 trillion for the memory specialist. Missed AI’s "Act 1"? Act 2 Could Be 15x Bigger.
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