Micron locks in historically high memory prices for five years
Summary
Micron signed 16 strategic customer agreements (SCAs) to set floor/ceiling pricing, locking memory prices for 2026–2030 and delivering margins well above prior cycles. The piece highlights supply constraints in memory and suggests customers pay upfront to fund fabs, with strong Q3 results and optimistic guidance despite high pricing. It frames implications for IT and data-center budgets as memory demand remains tight.