Ford is getting serious about memory chips. Which is exactly why they’ve just formed a new long term deal with Micron.
What’s happening:
- Micron (NASDAQ: MU) and Ford (NYSE: F) have struck a new deal for the supply of automotive memory and storage chips to be used in Ford vehicles
Why it matters:
- This is the first time ever that Ford and Micron have ever partnered on a long term strategic supply deal for memory hardware
Going deeper:
- Micron has publicly stated that their new deal with Ford is part of their investment in expanding their manufacturing capacity in the United States of America
- Micron just recently made major waves on Wall Street when they formed a new partnership with Anthropic to co-design how memory and storage subsystems will be used in Anthropics’s training and inference infrastructure
