Micron ($MU) has signed 16 Strategic Customer Agreements (SCAs) representing approximately $100 billion in cumulative revenue at minimum contract prices. These take-or-pay agreements cover 20% of DRAM volume and one-third of NAND volume, primarily spanning from 2026 through 2030. While the author previously sold $MU at $1,033 for a 250% gain and anticipated a drop to $900, they now characterize these long-term supply commitments as "truly impressive and bullish."