Micron and GM secure long-term memory supply deal

• Micron (NASDAQ:MU) signed a Strategic Customer Agreement with General Motors to supply automotive memory and storage.
• The deal covers LPDRAM, NOR, and UFS NAND for GM’s next-generation vehicle platforms.
• Micron said the agreement is supported by its $2 billion Virginia DRAM fab modernization.

Micron (NASDAQ:MU) and General Motors (NYSE:GM) signed a Strategic Customer Agreement to secure long-term supply of automotive memory and storage for GM’s next-generation vehicle platforms.

The agreement expands Micron’s automotive business compared with earlier supply arrangements that were more fragmented across vehicle programs.

The deal includes LPDRAM, NOR, and UFS NAND products and also involves collaboration on future automotive memory architectures.

Micron said the agreement is supported by its $2 billion modernization project at its DRAM fabrication facility in Manassas, Virginia.

The company said the GM agreement is one of 16 Strategic Customer Agreements discussed on its fiscal Q3 2026 earnings call.

Micron said the objective is to improve long-term supply predictability for automotive and other critical end markets.

The company added that the partnership reflects deeper integration between semiconductor suppliers and automotive manufacturers as vehicle electronics become more advanced.