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Wednesday, July 1, 2026

Micron, GM in semiconductor supply deal for vehicles

 Micron Technology Inc. and General Motors Company signed a strategic supply agreement for memory and storage platforms used for vehicle production, the two companies said in a press release on Wednesday.

Micron said that this deal will be supported by its ongoing investments to expand supply for the auto industry in the United States, including a $2 billion investment to modernize its manufacturing plant in Manassas, Virginia.

"As demand for memory and storage continues to grow, we are investing to extend supply availability, expand capacity and align more closely with our customers to improve supply predictability across the automotive ecosystem," Micron CEO Sanjay Mehrotra commented.

https://breakingthenews.net/Article/Micron-GM-ink-semiconductor-supply-deal-for-vehicles/66612650

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