Micron Technology will provide Taiwan employees compensation packages worth up to five years and eight months of pay.
The deal averts a strike from labor unions representing 12,000 workers at two manufacturing plants.
Negotiations began in early September following union demands for a revised bonus structure amid soaring AI-driven profits.
Direct labor team members will receive total rewards ranging from 35 to 68 months of salary.
The agreement guarantees a minimum cash payment of NT$1.7 million (US$53,700) for the 2026 fiscal year.
Micron reported record revenues of US$41.5 billion in the third quarter of fiscal 2026.
Unions originally requested a one-time bonus of 83 months' salary and 15% of operating profits.