Micron joins rivals pitching AI deals as cure for memory's boom-bust cycle

Short summary

Memory chip suppliers including Micron are signing long-term "take-or-pay" contracts with AI companies like Nvidia to stabilize revenue amid industry boom-bust cycles. These deals guarantee cash flow regardless of demand fluctuations, shifting memory from commodity to strategic necessity. The shift signals market maturation and reduced volatility in the AI-driven semiconductor supply chain.

• •Micron and peers use "take-or-pay" contracts to lock in AI company demand
• •Long-term agreements guarantee revenue even if AI boom slows
• •Strategy transforms memory from commodity into strategic partnership

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