Micron Technology has inked a significant long-term deal with Ford Motor, ensuring a steady supply of essential memory and storage chips for their upcoming vehicles. This follows a similar pact with General Motors, highlighting Micron's commitment to bolstering US manufacturing for the automotive sector. As cars become more data-driven, these advanced memory components are crucial for features like driver assistance and infotainment, intensifying competition for limited chip supplies.

Micron signs a long-term Strategic Customer Agreement to supply memory chips for next-generation vehicles as semiconductor shortages persist beyond 2026.

July 6 : Micron Technology and Ford Motor on Monday signed a long-term agreement to secure the supply for memory and storage platforms used in the automaker's next-generation…

Micron Technology has inked a significant long-term deal with Ford Motor, ensuring a steady supply of essential memory and storage chips for their upcoming vehicles. This follows…

The deals will strengthen the automakers’ sources of supply for memory and storage for use in next-generation vehicles.