General Motors and Micron sign long-term memory chip supply deal

Under the Strategic Customer Agreement, GM volition unafraid proviso of LPDRAM, NOR, and UFS NAND products from Micron. The 2 companies besides said they volition proceed moving unneurotic to make and suffice aboriginal representation technologies for next-generation conveyance platforms.

Micron said the woody volition beryllium supported by its manufacturing operations successful the U.S., including a precocious modernized representation spot installation successful Manassas, Virginia. The institution said it invested $2 cardinal to upgrade that facility, which began accumulation earlier this year.

"Delivering next-generation vehicles astatine standard requires a resilient and intimately aligned proviso chain," General Motors Chair and CEO Mary Barra said successful a statement. "Our expanded collaboration with Micron strengthens our entree to captious representation technologies portion enabling deeper integration crossed our conveyance platforms, supporting some show and semipermanent reliability."

Micron Chairman, President and CEO Sanjay Mehrotra said successful a connection that the statement is designed to present "long-term proviso assurance and exertion innovation captious to the aboriginal of the automotive industry."

Growing adoption of precocious operator assistance exertion and feature-rich infotainment systems has elevated the relation of representation chips arsenic a captious input successful modern conveyance manufacturing. The automaker characterized the woody arsenic a precautionary measurement aimed astatine shoring up entree to cardinal components, not a absorption to immoderate existent proviso problems, according to Reuters.

S&P Global Mobility data, cited by the outlet, shows that DRAM prices person surged astir 70% from December levels, a inclination fueled by grounds spending connected AI-oriented information halfway infrastructure.

Micron said the GM woody is 1 of 16 strategical lawsuit agreements the institution discussed during its fiscal third-quarter 2026 net call.