Latest / Raleigh News Today | 2 Min News | The Daily News Now!
Ford and Micron Lock in Chip Supply | Raleigh News
Ford and Micron just locked down a major long-term deal to secure the memory chips needed for Ford’s next-gen cars, as chip prices soar due to AI’s hunger for memory. With automakers now battling tech giants for scarce supplies, Ford is pushing Micron to ramp up production of rugged, long-lasting automotive-grade DRAM at its Virginia plant. This follows a similar pact with GM just days prior — signaling that chip shortages are here to stay. As vehicles pack more tech than ever, from driver aids to infotainment, automakers are forced to act like strategic buyers, locking in supply chains amid…
The skinny
The skinny isn't ready yet — notes appear once the transcript is processed.