Micron has signed 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." Most of the deals run through 2030 and cover about 40% of Micron's revenue. The Register reports: 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. The CEO said 16 customers have signed SCAs and then explained why it's worth locking into the deals even though they bake in such high margins. "Our customers are recognizing that supply shortages in memory and storage will take considerable time to improve," he said. "Even as we expect industry supply to improve gradually in 2028, we currently do not have line of sight as to when memory supply will be able to catch up with increasing demand." Even massive efforts to build new chip fabs aren't much help, he said, because the increasing complexity of new memory types means it takes longer to build factories -- and when they come online there still won't be enough capacity to build both the high-bandwidth memory needed for AI and other types of NAND and DRAM. "Supply is structurally constrained in its growth and ability to meet industry demand, despite our comprehensive efforts to increase supply," he said. Don't assume that SCAs mean your suppliers get price certainty, because Mehrotra said the deals will account for 40 percent of Micron revenue -- meaning the company is reserving most of its inventory to sell at prices it can negotiate. The CEO did have a little good news in the form of predictions that Micron's DRAM output in 2026 will "grow in the low- to mid-20s percentage range, slightly above our prior outlook." He also revealed that the SCAs see customers pay up front, which helps Micron to fund its fab expansions.

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OpenAI and Broadcom have unveiled Jalapeno, OpenAI's first custom AI chip, designed primarily to handle inference for ChatGPT and other services. It's a major step in OpenAI's plan to "build the full stack behind its models and products," says OpenAI. "By designing more of the stack ourselves, we can serve more intelligence with greater efficiency and keep pushing advanced AI toward broader access." CNBC reports: The chip with Broadcom is an ASIC, which industry experts say is less flexible than Nvidia's GPU, but is also less expensive and can be designed for specific AI tasks. OpenAI said that it designed the chip in nine months, and that it also crafted large parts of the computer system where it will be used. The companies are calling the chip an "Intelligence Processor" and describe it as the first "AI accelerator" in a platform they're building "to make advanced AI faster, more reliable, and more accessible to more people." [...] A physical sample of the new chip will be delivered to OpenAI on Wednesday. The companies said they're aiming for initial deployment of the Jalapeno chips by the end of 2026, "expanding in the years ahead."

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Ancient Slashdot reader Mark Round writes: Longtime reader here (since mid-1999 -- Hot Grits! Oog the Caveman! Beowulf clusters!), and I can still remember posting back on Slashdot's own 5th anniversary. Time's rolled on: my own blog just turned 25, and it's now roughly 40 years since I first sat down at a computer. So I went digging through archive.org, old backups, and a box of ZIP disks, and wrote up a long look back at four decades of computing through the one website that's been my online home along the way. It runs from my first 8-bit micro and a 1,200-baud modem through discovering the actual Internet at university (and burning far too many hours on Slashdot and sister sites like freshmeat.net), past gloriously pimped-out Enlightenment Linux desktops, all the way to the modern cloud-native world. Plenty of dodgy screenshots, terrible code, and fond memories of long-gone haunts like kuro5hin.org and Linux Coffee Talk along the way.

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