economy
How Micron & Rivals Fix Chip Cycles with US$22bn AI Deals
To break the industry’s boom-bust cycle, chipmakers like Micron are securing multi-year US$22bn deals with NVIDIA to keep cash flowing

TL;DR
- Chipmakers like Micron are signing multi-year deals with NVIDIA.
- These deals are valued at US$22 billion.
- The purpose is to break the industry's boom-bust cycle.
- The deals aim to ensure consistent cash flow for chipmakers.