Memory-maker Micron has found a way to keep prices for its products sky-high for another five years, by signing 16 “strategic customer agreements” (SCAs) that include a floor price the company says comes with “a very robust gross margin for Micron, well above our peak quarterly margins in any past cycle.”

Micron CEO, president and chairman Sanjay Mehrotra explained the SCAs in prepared remarks delivered during the company’s Q3 earnings call. He explained that Micron has signed 16 SCAs, most of them covering 2026 to 2030, and that they involve a commitment to buy a certain quantity of product and pay for it in a pricing band that has a floor and a ceiling price. The floor price covers the historically high gross margins mentioned above, and the ceiling price means those who commit to an SCA are insulated if memory prices go even higher.

  • nomad@infosec.pub
    link
    fedilink
    English
    arrow-up
    1
    arrow-down
    2
    ·
    6 hours ago

    You add a piece of code that scans for a specific very big prime number and if it finds that, you look for any process and inject into stdlibc any backdoor of your choice

    • whatiswrongwithyou@lemmy.ml
      link
      fedilink
      English
      arrow-up
      2
      ·
      4 hours ago

      You add a piece of code (to ram, which famously does not hold information while unpowered).

      Which scans for a specific very big prime number (finding large primes quickly would completely invalidate the world’s cryptography and therefore banking, that’s why people are afraid of the quantum boogeyman).

      You look for any process and inject into stdlibc any backdoor of your choice (just any process, doesn’t need elevated permissions, assuming they use libc, assuming the backdoor hasn’t been patched out from the other end, defeated by any of the dozens of software integrity checks that have become standard).