PartnershipJul 6, 2026, 08:32 AM
Micron and Ford Announce Long-Term Strategic Customer Agreement
AI Summary
Micron Technology and Ford Motor Company have entered into a long-term Strategic Customer Agreement (SCA) to secure the supply of memory and storage solutions for Ford's upcoming vehicle production. Micron plans to increase its output of automotive memory and expand capacity, including investments in its Manassas, Virginia fab, to support this agreement and broader automotive ecosystem demand. This partnership aims to ensure a reliable, long-term supply as vehicles become more data-intensive, strengthening critical U.S. infrastructure.
Key Highlights
- Micron and Ford Motor Company announced a long-term Strategic Customer Agreement (SCA).
- The agreement strengthens the supply of memory and storage solutions for Ford’s next-gen vehicles.
- Micron is increasing output of key automotive memory solutions with capacity expansions.
- Micron is investing in expanding advanced DRAM production at its Manassas, Virginia fab.
- The SCA supports Micron's efforts to scale supply and strengthen critical U.S. infrastructure.
- This is one of 16 SCAs discussed on Micron’s fiscal third-quarter 2026 financial call.
Price Impact
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