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Micron Becomes Automobile Sector’s Guardian Angel During DRAM Supply Crunch, Secures Long-Term Deals To Prevent Potential One Million Layoffs In The U.S. Alone

Micron to come to the rescue of automakers with its DRAM supply

The AI boom has catapulted Micron to the trillion-dollar valuation club, and to ensure that the memory manufacturer not only enjoys its newfound position but maintains it, the company has formed a Strategic Customer Agreement (SCA). While some may deduce that the firm intends to prioritize AI customers and datacenters for their insatiable demand for DRAM chips, another sector has been negatively impacted by this shortage; the automobile sector. With a supply crunch threatening automakers’ operations, including the preservation of 1 million jobs in the U.S. alone, Micron has agreed to enter the supply chains of 16 strategic customers, seven […]

Read full article at https://wccftech.com/micron-secures-dram-supply-deals-with-automakers-to-prevent-massive-layoffs/