| __timestamp | Corning Incorporated | Micron Technology, Inc. |
|---|---|---|
| Wednesday, January 1, 2014 | 5663000000 | 10921000000 |
| Thursday, January 1, 2015 | 5458000000 | 10977000000 |
| Friday, January 1, 2016 | 5644000000 | 9894000000 |
| Sunday, January 1, 2017 | 6084000000 | 11886000000 |
| Monday, January 1, 2018 | 6829000000 | 12500000000 |
| Tuesday, January 1, 2019 | 7468000000 | 12704000000 |
| Wednesday, January 1, 2020 | 7772000000 | 14883000000 |
| Friday, January 1, 2021 | 9019000000 | 17282000000 |
| Saturday, January 1, 2022 | 9683000000 | 16860000000 |
| Sunday, January 1, 2023 | 8657000000 | 16956000000 |
| Monday, January 1, 2024 | 8842000000 | 19498000000 |
Igniting the spark of knowledge
In the ever-evolving landscape of technology and manufacturing, cost efficiency remains a pivotal factor for success. This analysis delves into the cost of revenue trends for Micron Technology, Inc. and Corning Incorporated from 2014 to 2024. Over this decade, Micron consistently outpaced Corning in cost of revenue, with an average of $14 billion compared to Corning's $7 billion. Notably, Micron's cost of revenue surged by approximately 78% from 2014 to 2024, reflecting its aggressive growth strategy.
Corning, while maintaining a steady increase, saw a 56% rise in the same period, highlighting its focus on sustainable growth. The year 2023 marked a significant point where Micron's cost of revenue peaked at nearly $19.5 billion, showcasing its robust market position. This comparative analysis underscores the strategic financial maneuvers of these industry giants, offering insights into their operational efficiencies and market dynamics.
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