'On autopilot': US skate star Malinin nears more Olympic gold
The 21-year-old produced a stunning performance while competing to a medley from "The Lost Crown" video game, scoring 108.16 points to put him in pole position going into Friday's free skating final.
Victory would give him a first individual Olympic title after he helped seal team gold for the United States on Sunday at Milano Ice Skating Arena.
The two-time world champion leads Japan's Yuma Kagiyama by a comfortable 5.09 points (103.07), with France's Adam Siao Him Fa in third place on 102.55.