this post was submitted on 25 Jun 2026
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Memory-maker Micron has found a way to keep prices for its products sky-high for another five years, by signing 16 “strategic customer agreements” (SCAs) that include a floor price the company says comes with “a very robust gross margin for Micron, well above our peak quarterly margins in any past cycle.”

Micron CEO, president and chairman Sanjay Mehrotra explained the SCAs in prepared remarks delivered during the company’s Q3 earnings call. He explained that Micron has signed 16 SCAs, most of them covering 2026 to 2030, and that they involve a commitment to buy a certain quantity of product and pay for it in a pricing band that has a floor and a ceiling price. The floor price covers the historically high gross margins mentioned above, and the ceiling price means those who commit to an SCA are insulated if memory prices go even higher.

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[–] marxismtomorrow@lemmy.today 6 points 8 hours ago

And China as a government, absolutely loves the idea of everyone’s computer usage going thru giant corporations because the Chinese government owns part of every Chinese company and doesn’t need a backdoor since they have a set of keys.

This is your brain on American Government propaganda.

Like, why would they make something that they don’t want and would sell for less profit margin overseas?

To steal market share and relevance from Taiwan, removing the incentive for the US to continue to support its continual war against China.

Why build for a bunch of broke consumers when there’s a blank check for anything related to data centers right now?

Because data centers are temporary. Consumers will outlast AI.

Why would you ever hope China would save us from this?

Because they're the only government attempting to do anything for the common person. Yes, they're China first, but their official stance is to encourage global revolution.