Big Tech Seeks Long-Term DRAM Supply for its AI Needs
AI hyperscalers like Google and Microsoft are seeking to secure DRAM supplies from leading manufacturers Samsung Electronics and SK Hynix under long term arrangements. This comes as the supply of memory contracts and prices of NAND flash and DRAM increase sharply. To respond to the growing demand for DRAM and HBM (high-bandwidth memory), Samsung is moving to ramp up its production of these forms of memory. SK Hynix, together with Samsung Electronics, leads globally in the production of memory. Talks are ongoing between Google and SK Hynix geared at locking in long term supply of memory. SK Hynix is also…