Micron joins rivals pitching AI deals as cure for memory's boom-bust cycle

Big chipmakers (Micron, Samsung, SK Hynix) are signing long-term "take‑or‑pay" deals to avoid the industry's typical boom‑and‑bust swings.
Micron says customers like Nvidia have committed about $22 billion, giving it cash certainty and backing the idea that AI demand is real.
Analysts caution the protection isn't guaranteed — if AI orders falter or supply loosens, contracts could be renegotiated and volatility may return.