Micron shares rose 4% to an all-time high on Monday following a strategic agreement with Anthropic, focusing on AI infrastructure development for training and operating Claude.
The partnership includes the design of memory architectures, a supply agreement, and a strategic investment in Anthropic’s Series H funding. Micron and Anthropic will explore high bandwidth memory and storage performance across AI workloads.
Tom Brown, Anthropic's cofounder, emphasized the importance of memory and storage efficiency for model training. The collaboration aims to enhance infrastructure performance and energy efficiency as Anthropic scales its operations.
Micron also plans to supply memory for Anthropic over the coming years, with Claude already integrated into Micron's own operations for coding and advanced applications. Additionally, the size of Micron’s investment in Anthropic's funding round remains undisclosed.
Micron shares traded around $1,192 after peaking at $1,204 on Monday.