Micron Technology, Inc. and General Motors Company Sign Strategic Agreement to Secure Supply and Accelerate Innovation
Publish Date: 2026-07-01 14:20:00
Source Domain: www.marketscreener.com
Micron Technology, Inc. announced that it has entered into a Strategic Customer Agreement with General Motors Company to secure a long-term, reliable supply of memory and storage platforms critical to General Motors Company?s vehicle production and delivery at scale. Micron Technology, Inc. and General Motors Company are working together to strengthen semiconductor and automotive supply chains while supporting the next generation of U.S. manufacturing and innovation. In addition to the committed supply in this agreement, Micron Technology, Inc. and General Motors Company continue to collaborate on future memory and storage technology requirements essential for the next generation of vehicles.
This includes deep technology collaboration to align on future product definition, system-level optimization, and the qualification of advanced memory technologies to support General Motors Company?s next generation of vehicle architectures and roadmaps. This agreement is enabled by Micron Technology, Inc.?s ongoing investments to expand and localize supply for automotive customers, including advanced DRAM manufacturing in Manassas, Virginia. Micron Technology, Inc.?s $2,000 million investment to modernize its Manassas fab, which began production earlier this year, provides the longevity and supply output valuable to long product lifecycles, improved supply predictability, and helps ensure product continuity across the industry.
Through this agreement, General Motors Company will secure supply of LPDRAM, NOR and UFS NAND products and with continued collaboration, Micron Technology, Inc. and General Motors Company will validate and qualify future technologies. As vehicles become increasingly software-defined and AI-driven, memory and storage performance, reliability, and scalability are essential to enabling next-generation capabilities. These strategic customer agreements are part of Micron Technology, Inc.?s broader approach to strengthening supply continuity across the…
