Micron joins rivals pitching AI deals as cure for memory's boom-bust cycle (opens original article in a new tab)

Memory chipmakers like Micron are using long-term supply deals to stabilize their markets and ensure cash flow amid AI demand, aiming to break the historical boom-bust cycle.

• Micron, Samsung, and SK Hynix are securing long-term supply agreements with customers to stabilize memory chip markets
• Micron's $22 billion in take-or-pay deals with clients like Nvidia aim to ensure cash flow amid AI demand
• Memory chipmakers have historically faced boom-bust cycles, but current agreements may offer more stability