Micron Technology Inc (NASDAQ:MU) shares rose more than 4% on Monday after the company announced a strategic agreement with Anthropic covering AI infrastructure design, supply commitments, enterprise software adoption and a strategic investment.
The memory chip maker said the collaboration spans memory and storage architecture design for AI systems, along with a multi-year supply agreement and Micron’s participation in Anthropic’s Series H funding round
The companies said the deal is intended to better align frontier AI model development with underlying infrastructure requirements. Under the agreement, Micron and Anthropic will jointly evaluate how memory and storage subsystems perform across AI workloads, including training and inference for large language models. The companies said the effort is expected to inform improvements in performance, energy efficiency and infrastructure design, including so-called token economics used in AI systems.
Micron said its portfolio of high-bandwidth memory (HBM), DRAM and solid-state drives will play a central role in supporting Anthropic’s infrastructure needs. The companies also entered into a supply agreement covering Micron’s data center memory and storage products, which Micron said is intended to support Anthropic’s multi-year expansion plans. In addition to the infrastructure collaboration, Micron said it is expanding internal use of Anthropic’s Claude models across engineering, manufacturing and enterprise operations.