Elon Musk says Micron Technology has provided Tesla with a “significant allocation” of memory chips, which helps address Tesla’s growing demand for the chips. Bloomberg reports that Musk made the remarks in connection with Tesla’s supply needs for an increasingly scarce memory component market. The Next Web similarly describes Musk using Tesla’s quarterly call to publicly thank Micron, noting that chip suppliers rarely receive public acknowledgements unless allocations are substantial or terms are favorable. Seeking Alpha also frames Musk’s comments as a notable indication of Micron’s role in supplying Tesla. Across the coverage, Musk characterizes the allocation as coming on “reasonable terms,” suggesting the supply arrangement supports Tesla’s production and development plans amid broader industry constraints. Investing.com reports market reaction to Musk’s remarks, including gains tied to the public acknowledgment. Collectively, the articles focus on Tesla’s access to memory chips from Micron and Musk’s confirmation of the importance of that supply, without detailing the specific quantities or contract terms beyond Musk’s characterization of them.
Elon Musk says Micron granted Tesla a significant memory-chip allocation
Elon Musk says Micron Technology has provided Tesla with a “significant allocation” of memory chips, which helps address Tesla’s growing demand for the chips. Bloomberg reports that Musk made the rema...
- Elon Musk says Micron provided Tesla with a “significant allocation” of memory chips.
- Musk makes the comments publicly during Tesla’s quarterly call.
- Musk describes the supply arrangement as being on “reasonable terms.”
- The remarks relate to Tesla’s demand for memory chips amid market scarcity.
- Investment coverage links the comments to gains for Micron.
Memory chips are the oil of the AI boom, and right now they are hard to get. So when Elon Musk used Tesla’s quarterly call to publicly thank Micron, it was worth noticing. Suppliers rarely get shout-outs. Scarce ones do. Micron recently gave Tesla a “significant allocation” of memory on “reasonable terms,” Musk said, according […] This story continues at The Next Web
6 hours agoMicron Technology Inc. recently gave Tesla Inc. a “significant allocation” of memory chips, according to Elon Musk, helping meet the automaker’s demand for an increasingly precious commodity.
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