Economic TimesLean R·
Micron joins rivals pitching AI deals as cure for memory's boom-bust cycle
Memory chip giants like Micron are forging long-term "take-or-pay" deals, securing billions from customers like Nvidia to ensure consistent revenue. This strategy aims to break decades-old boom-bust cycles by guaranteeing cash flow even if the AI boom falters. These agreements, backed by customer cash commitments, signal a shift from treating memory as a commodity to a strategic necessity, potentially stabilizing the volatile industry.
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