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Quartz·1 min read·easy

Micron and Ford signed a long-term deal to lock in memory chip supply for next-gen vehicles

Cris Tolomia
AI Summary

Ford and Micron have entered into a long-term agreement to secure a steady supply of memory chips for Ford's upcoming vehicle models. This move is part of a broader industry trend where automakers are directly partnering with chip manufacturers to mitigate supply chain volatility.

Micron will expand production capacity to support Ford's vehicle programs as automakers compete for tightening chip supply

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