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Big Tech Is Paying Billions to Lock In Memory Supply, Essentially Promising Suppliers the Shortage Is Here to Stay

Two Hynix 2GB 1Rx8 PC4N-19000S memory modules labeled 'HMA325S7MFR8C - UG NO AA' placed on a vibrant silicon wafer surface.

The memory industry is now witnessing a major shift, as DRAM suppliers are now looking to lock in customers into ‘multi-year’ contracts, essentially guaranteeing demand. Samsung Entering Into Long-Term Contracts Means Shortages Might Last Till The End of the Decade It appears that the demand for memory products among Big Tech is so massive that they are willing to take the risk of entering long-term agreements with suppliers like Samsung and Micron, which is seen as a rather ‘untraditional’ move within the industry. A report by the Korean media outlet EBN reveals that hyperscalers are entering into long-term memory contracts […]

Read full article at https://wccftech.com/big-tech-is-paying-billions-to-lock-in-memory-supply/