CXMT has reportedly signed a long-term agreement to supply memory worth almost $3 billion to Tencent. CXMT & Tencent Lock-In $3 Billion Worth of Memory, Signaling That China's Premier Memory Maker Is No Different Than The Rest Memory shortages are sky-high, and they are affecting regional markets, including China, which is going through a revolution in the adoption of AI as it races with the United States to secure the lead in the segment. This has created a boom in the number of AI firms that are showing up, leading to massive demand for compute, memory, and AI-related infrastructure. To […]

Read full article at https://wccftech.com/china-cxmt-engages-in-long-term-memory-agreement-worth-3-billion/

CXMT accounted for about 6% of global DRAM output in Q1 2025 and offers DDR5 products.