Micron signs 16 strategic customer agreements; 14 worth $100B in minimum revenue through 2030

Micron Technology

Micron announced 16 strategic customer agreements with major customers including hyperscalers. Fourteen agreements represent $100 billion in minimum contracted revenue through 2030, with $22 billion in customer deposits already collected. CEO Sanjay Mehrotra stated these SCAs will 'fundamentally transform our business model.'