[Institution: Micron Technology Advances Long-Term Agreements, Supply-Demand Gap Expected to Persist] BlockBeats News, June 26, Guojin Securities' research report suggests that Micron Technology's advancement of long-term agreements is expected to sustain the supply-demand gap. Micron Technology has completed 16 SCAs (Strategic Customer Agreements) with its clients, covering downstream sectors such as data centers, consumer electronics, and the automotive market. Among these SCAs, agreements with automotive clients are signed for three years, while agreements with other clients are mostly for five years. The 16 SCAs account for 20% of Micron Technology's DRAM shipments and one-third of its NAND shipments. The lower limit of the price range in these SCAs is also expected to deliver profitability exceeding the peak of previous cycles. Micron Technology anticipates that DRAM and NAND supply will remain tight through 2027. Guojin Securities believes that the storage industry's supply is likely to remain constrained, and Micron Technology is expected to maintain high profitability. By advancing the signing of long-term agreements with downstream clients, Micron Technology is likely to reduce the cyclical fluctuations in its product shipment prices and mitigate the cyclicality of its performance. [Original Link]