Cost of Revenue: Key Insights for Micron Technology, Inc. and Marvell Technology, Inc.

Cost of Revenue Trends: Micron vs. Marvell

In the ever-evolving landscape of semiconductor technology, understanding cost dynamics is crucial. Over the past decade, Micron Technology, Inc. and Marvell Technology, Inc. have shown distinct trends in their cost of revenue. From 2014 to 2024, Micron's cost of revenue has consistently been higher, peaking at nearly $19.5 billion in 2024, reflecting its expansive production scale. In contrast, Marvell's cost of revenue, while significantly lower, has seen a remarkable growth of over 94% from 2014 to 2024, indicating strategic scaling and market adaptation. Notably, Marvell's cost surged by 22% from 2022 to 2023 alone, highlighting a period of aggressive expansion. These trends underscore the differing strategies of these tech giants, with Micron focusing on maintaining its market dominance and Marvell on rapid growth. As the semiconductor industry continues to innovate, these cost dynamics will play a pivotal role in shaping future market landscapes.