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Micron locks in historically high memory prices for five years (www.theregister.com)
submitted 22 hours ago by ryper@lemmy.ca to c/technology@lemmy.world
87 comments fedilink hide all child comments
 

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 5 points 8 hours ago (1 children)

What's lazy is assuming chinese people have no ability for self determination and holding that racist belief to such an extreme level of nonsensicality that you believe literally the most high tech job in world history, one that is done 99% by machines because humans objectively cannot possibly do the work, one that is overseen by people with a minimum of one PhD, one where there is no non-degree holder in the building, is somehow done by slaves...

Because what, you saw a BBC or RFA or other NED article saying China uses prison labor as a form of rehabilitation one time so now no Chinese person can do something without slaves?

If you were to critically analyze any of your thoughts you'd be embarrassed to how ridiculous your thoughts have become. Replace Chinese for any other nationality and see if what you're about to say makes sense.

[–] sartalon@lemmy.world -5 points 7 hours ago (1 children)

People see your nonsense brigading and you're just going to get .ml defederated.

You'll have to start all over from scratch again.

[–] marxismtomorrow@lemmy.today 1 points 7 hours ago

So if you direct your attention to the instance name next to my username, you might see that your racist comments are just unpopular.