Micron signs multi-year contract setting price ceilings and floors through 2030
- 1Micron has signed a multi-year contract through 2030 that sets upper and lower limits on memory chip prices.
- 2Approximately 35% of revenue through 2030 has been secured.
- 3Micron's market capitalization is currently 992,880,000,000 dollars.
So what's the key point?
Micron has made a deal to set a price range for memory chips until 2030. This means 35% of its revenue through 2030 is already secured.
Source The Motley Fool +1 · View original ↗
Today's 5 AI picks, all freeNothing hidden: past picks and how they did against the S&P 500.