Svmuu News: According to a research report by Guojin Securities, Micron is moving forward with the implementation of long-term agreements, and the supply-demand gap is expected to persist. Micron has already signed 16 SCAs (Strategic Customer Agreements) with clients, covering downstream markets such as data centers, consumer electronics, and the automotive sector.The SCAs with automotive clients are for three years, while those with other clients are generally for five years. These 16 SCAs already account for 20% of Micron’s DRAM shipments and one-third of its NAND shipments.
MicronThe lower end of the price range in the SCAs signed by the company can still deliver profitability exceeding the peak of the previous cycle. Micron The company expects DRAM and NAND supply to remain tight through 2027. Guojin Securities believes that supply in the memory industry is likely to remain tight, and Micron is expected to maintain high profitability. Micron is advancing the signing of long-term agreements with downstream customers, which is expected to reduce cyclical fluctuations in the company’s product shipment prices and mitigate the cyclical nature of its performance. (Jinshi)
Guojin Securities: Micron Technology Drives Implementation of Long-Term Contracts; Supply-Demand Gap Expected to Persist
Source:Odaily · Source Link
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