Micron Technology announced a record rewards package for fiscal 2026.
The package offers bonuses equivalent to 35 to 68 months of pay.
This move addresses a strike threat from Taiwanese unions representing key production facilities.
Unions previously demanded a larger share of the company's record profits.
The plan covers more than 60,000 employees worldwide, including 15,000 workers in Taiwan.
The agreement prevents potential disruptions to the global supply of high-bandwidth memory (HBM) for AI servers.