Micron Technology Incorporated and Ford Motor Company have entered into a long-term strategic customer agreement aimed at strengthening the supply of memory and storage solutions for Ford’s next-generation vehicles.
The agreement is designed to secure a reliable supply of automotive memory and storage products as vehicles become increasingly software-driven and data-intensive.
Under the deal, Micron will expand production of its automotive memory solutions, increasing manufacturing capacity to support the long product lifecycles required by the automotive industry while ensuring a sustained supply for Ford’s vehicle production programmes.
The agreement is backed by Micron’s broader investments to expand and localise manufacturing for automotive customers, including the expansion of advanced DRAM production at its facility in Manassas, Virginia.
Ford President and Chief Executive Officer Jim Farley said resilient domestic supply chains would be critical to the future of vehicle manufacturing in the United States.
”Producing the high-volume vehicles of the future in the US will require a resilient supply chain,” Farley said. “We applaud Micron’s commitment to manufacturing in America, expanding its domestic production and investing in a skilled workforce.”
Micron Chairman, President and Chief Executive Officer Sanjay Mehrotra said the agreement would help ensure long-term supply security as demand for advanced memory technologies continues to grow.
”We are proud to extend our collaboration with Ford to help ensure a reliable, long-term supply of memory and storage solutions,” Mehrotra said. “As vehicles become more intelligent and data-intensive, the importance of advanced memory and storage continues to grow, making collaboration and long-term supply increasingly important.”
The agreement is one of 16 strategic customer agreements highlighted by Micron during its fiscal third-quarter 2026 earnings conference call.
Investors responded positively to the announcement, with Ford shares rising about 1% in pre-market trading on Monday, while Micron shares gained approximately 3.3%.
