Micron has just revealed its latest earnings, reporting record revenue and profits, along with some very long-lasting deals that lock in prices for memory for years to come. While Micron shuttered its Crucial consumer RAM brand already, its allocation of memory production to data centers for years to come, and the guarantee of high prices for those chips, suggest PC RAM could remain expensive and hard to come by for a long time. In its Q3 earnings report, Micron revealed it had signed 16 “strategic customer agreements” (SCAs), which are long-term agreements with customers that lock in floor and ceiling prices for its memory, in this case for five years at a time. The overall production capacity of this could mean the best PC RAM remains at least as expensive as it currently is for years to come.
PC RAM prices could stay this high for years, hints memory maker Micron’s latest earnings
Comment here