On July 1, Micron Technology and General Motors signed a Strategic Customer Agreement to secure a long-term supply of memory and storage platforms for vehicle production. On July 6, Micron and Ford announced a long-term supply agreement for automotive memory chips. On July 9, Micron Technology announced plans to invest up to $3 billion to strengthen the U.S. semiconductor supply-chain ecosystem.
In a historic move reflecting U.S. ambitions to dominate the semiconductor industry, Micron Technology has raised its total investment target to $250 billion by 2035.
Read the full storyMicron and Ford enter a strategic long-term agreement to secure critical memory solutions for vehicle production amid rising semiconductor demand.
The Strategic Customer Agreement between Micron and GM secures long-term supply of memory and storage platforms for vehicle production, strengthening semiconductor and automotive supply chains.