Micron and Anthropic Sign Deal for AI Memory Chips

Micron Technology has announced a new supply agreement with artificial intelligence company Anthropic. The deal covers memory and storage products that Anthropic will use in its AI systems. The partnership adds to growing momentum for Micron, whose stock has been rising as demand for AI-related hardware increases. The companies did not disclose financial terms or the volume of chips involved. This agreement positions Micron to benefit from the rapid expansion of AI computing, which requires large amounts of high-speed memory to process data.