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Economic Times Tech
Economic Times Tech
7/16/2026
Micron signs deals with Qualcomm, others for AI-powered automobile chip components

Micron signs deals with Qualcomm, others for AI-powered automobile chip components

Short summary

Micron has signed agreements with Qualcomm and other partners to supply AI-powered automobile chip components as the industry expands manufacturing capacity to meet surging memory-chip demand driven by AI adoption. The deals reflect the broader supply-chain buildout across the semiconductor industry.

  • Micron signs deals with Qualcomm and others for AI-powered automotive chip components
  • Agreements driven by booming memory-chip demand from rapid AI tool adoption
  • Industry racing to expand manufacturing capacity

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