Micron Joins Memory Chipmakers in Securing Long-Term AI Deals
Memory chipmaker Micron has joined rivals like Samsung and SK Hynix by securing long-term supply agreements with major clients, including a $22 billion deal with Nvidia. These contracts aim to stabilize cash flow amid concerns over the durability of the datacenter boom and valuation worries that recently caused memory stocks to drop significantly.
Topics: AI long-term contracts memory chips valuation