Alibaba, Tencent, and ByteDance seek long-term memory deals with Samsung and SK Hynix

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. LPDDR is the low-power variant, built to do similar work while drawing less electricity. What stands out is the contract length. The Chinese firms are reportedly seeking deals stretching as far as 2035.

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