Micron Technology (NASDAQ: MU) and General Motors have signed a Strategic Customer Agreement to secure a long-term supply of memory and storage products for GM's vehicle production, according to a press release from Micron.

Under the agreement, GM will receive committed supply of LPDRAM, NOR, and UFS NAND products. The two companies also plan to collaborate on future memory and storage technology requirements, including product definition, system-level optimization, and qualification of advanced memory technologies for GM's next-generation vehicle architectures.

The agreement is supported in part by Micron's $2 billion investment to modernize its manufacturing facility in Manassas, Virginia, which began production earlier this year. Micron stated the facility provides supply output suited to the long product lifecycles required by the automotive industry.

"Delivering next-generation vehicles at scale requires a resilient and closely aligned supply chain," said Mary Barra, Chair and CEO of General Motors. "Our expanded collaboration with Micron strengthens our access to critical memory technologies while enabling deeper integration across our vehicle platforms, supporting both performance and long-term reliability."

Sanjay Mehrotra, Chairman, President and CEO of Micron, said the agreement is designed to deliver "long-term supply assurance and technology innovation" and that the company's U.S. manufacturing investments are intended to support both near-term products and next-generation platforms.

Micron noted the agreement is one of 16 Strategic Customer Agreements discussed during its fiscal third-quarter 2026 financial conference call.