CXMT has reportedly signed a long-term agreement to supply memory worth almost $3 billion to Tencent.
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 address these needs, China





