acf/google-ad-placement

<ul>
	<li>Micron Technology, Inc&nbsp;MU experimented with a new pricing model for its chips called forward pricing agreements,&nbsp;<a class="editor-rtfLink" href="https://www.reuters.com/technology/memory-chip-maker-micron-launches-new-pricing-experiment-stability-2022-05-12/" style="background-image:initial; background-position:initial; background-size:initial; background-repeat:initial; background-attachment:initial; background-origin:initial; background-clip:initial; margin-top:0pt; margin-bottom:0pt; color:#4a6ee0" target="_blank">Reuters reports</a>.</li>
	<li>The agreements aim to stabilize the steep price fluctuations that afflict the industry.</li>
	<li>Micron won a top 10 customer on this model with over $500 million a year of revenue for a three-year agreement.</li>
	<li>The forward pricing agreements have both volume and pricing.</li>
	<li>The report noted that Micron does not look to lower its gross margins to push the forward pricing agreements ahead.</li>
	<li>Price Action:&nbsp;MU shares closed higher by 1.12% at $67.71 on Thursday.</li>
</ul>

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