📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Micron, Ford Sign Long-Term Supp

📢 𝐉𝐔𝐒𝐓 𝐈𝐍: Micron, Ford Sign Long-Term Supply Agreement for Next-Generation Vehicles - $Micron Tech(MU.US) $Ford Motor(F.US)

👉 𝐊𝐞𝐲 𝐇𝐢𝐠𝐡𝐥𝐢𝐠𝐡𝐭𝐬:

➤ 𝐌𝐢𝐜𝐫𝐨𝐧 and 𝐅𝐨𝐫𝐝 signed a 𝐥𝐨𝐧𝐠-𝐭𝐞𝐫𝐦 Strategic Customer Agreement.

➤ Agreement strengthens the supply of 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐦𝐞𝐦𝐨𝐫𝐲 and storage solutions.

➤ Micron is expanding production capacity for 𝐤𝐞𝐲 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 memory products.

➤ Capacity investments support 𝐥𝐨𝐧𝐠 𝐩𝐫𝐨𝐝𝐮𝐜𝐭 lifecycles and production continuity.

➤ Agreement includes Micron's 𝐕𝐢𝐫𝐠𝐢𝐧𝐢𝐚 DRAM manufacturing expansion.

➤ Supply partnership supports 𝐅𝐨𝐫𝐝'𝐬 next-generation vehicle production.

➤ The agreement is one of 𝟏𝟔 Strategic Customer Agreements disclosed during Micron's Q3 2026 earnings call.

👉 𝐖𝐡𝐲 𝐈𝐭 𝐌𝐚𝐭𝐭𝐞𝐫𝐬:

➤ Long-term supply agreements help reduce 𝐚𝐮𝐭𝐨𝐦𝐨𝐭𝐢𝐯𝐞 𝐜𝐡𝐢𝐩 𝐬𝐮𝐩𝐩𝐥𝐲 risks.

➤ Expanding U.S. production strengthens 𝐝𝐨𝐦𝐞𝐬𝐭𝐢𝐜 semiconductor manufacturing.

➤ Rising vehicle intelligence is increasing demand for 𝐚𝐝𝐯𝐚𝐧𝐜𝐞𝐝 memory and storage.

👉 𝐄𝐱𝐩𝐞𝐫𝐭 𝐒𝐭𝐚𝐭𝐞𝐦𝐞𝐧𝐭:

➤ "Producing the high-volume vehicles of the future in the U.S. will require a resilient supply chain. We applaud Micron's commitment to manufacturing in America, expanding its domestic production and investing in a skilled workforce." — 𝐉𝐢𝐦 𝐅𝐚𝐫𝐥𝐞𝐲, President and CEO of Ford Motor Company.

➤ "We are proud to extend our collaboration with Ford to help ensure a reliable, long-term supply of memory and storage solutions. As vehicles become more intelligent and data-intensive, the importance of advanced memory and storage continues to grow, making collaboration and long-term supply increasingly important." — 𝐒𝐚𝐧𝐣𝐚𝐲 𝐌𝐞𝐡𝐫𝐨𝐭𝐫𝐚, Chairman, President and CEO of Micron Technology