David Boudia, of Noblesville, Ind., will take home his second medal from the London Games.
The former Purdue diver won Gold in the Men's 10-meter platform diving with 568.65 points. He clinched the top spot on the podium with his final dive, which was 1.8 points higher than China's Qiu Bo.
Bo took silver and Great Britain's Thomas Daley won bronze.
This is the U.S.'s first gold medal in diving since 2000.
Boudia won a bronze medal in the Men's 10-meter synchronized diving final with partner Nick McCrory earlier in the Games.
McCrory also completed in the Men's 10-meter platform and placed ninth with 505.40 points.
Both medals are redemption for Boudia, who placed 10th in individual platform and fifth in the synchro platform with partner Thomas Finchum.