Micron shares are up 230% year to date as of Oct. 13, even though memory markets have historically seen sharp price drops after capacity expansions. The company now has 26 strategic customer agreements (SCAs) running through at least 2030, up from 16, which are expected to account for over 35% of revenue through 2030, with three-quarters of that revenue covered by minimum and maximum price bands. Customer financial commitments rose to $32 billion, and customer contract liabilities on the balance sheet reached $12.9 billion, up from $568 million in May. Still, roughly 74% of sales remain exposed to supply-and-demand shifts, and Bernstein projects DRAM prices to rise 43% in 2027 before falling 53% in 2028.
Summary written by Upside AI from the original article. Read the source for full details.
Read the original on Yahoo Finance ↗
Related tickers and likely impact
NVDA
▲ Likely positiveNvidia
Relevance: low
| Market | US stocks |
|---|---|
| Sector | Information Technology |
| Industry | Semiconductors |
| Market cap | $5.2T |
| Close on 10/13/2026 | 228.52 |
| Change that session | +0.97% |
Impact is scored by AI from the headline and may be wrong. It is not investment advice.
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