Woofun AI reports that Micron has executed 16 long-term strategic customer agreements spanning from 2026 to the end of 2030. These contracts feature take-or-pay clauses, securing approximately $100 billion in guaranteed revenue and $22 billion in cash deposits and financial commitments. The agreements cover roughly 20% of DRAM production and one-third of NAND production during this period, with management projecting that over half of future revenue will derive from these deals.

Monitored by Woofun AI, Micron’s latest quarterly results showed revenue of $41.46 billion and adjusted EPS of $25.11, both surpassing market estimates. For the upcoming quarter, revenue guidance is set between $49 billion and $51 billion, with a median of $50 billion, while adjusted EPS guidance ranges from $30 to $32. The company anticipates tight supply and demand for DRAM and NAND to persist beyond 2027, with 2026 DRAM shipments expected to rise by 20% to 25%.