Alibaba, Tencent, and ByteDance seek long-term memory deals with Samsung and SK Hynix
Photo: Crypto Briefing
China's biggest tech platforms are reportedly chasing memory supply contracts as long as a decade, after US hyperscalers locked up much of the available capacity Alibaba, Tencent, and ByteDance are negotiating long-term supply agreements with Samsung Electronics and SK Hynix for DDR5 and LPDDR5 memory. The goal is to feed a fast-growing buildout of AI data centers. The catch is that much of what they want has already been spoken for. The talks center on two kinds of memory. Server-grade DDR DRAM is the workhorse memory sitting next to processors in data center machines.
Source: Crypto Briefing
