Alibaba, Tencent, and ByteDance reportedly seek 10-year DRAM supply agreements with Samsung and SK Hynix until 2035.

Huo Xing Finance reports that on October 27, according to South Korea’s Maeil Business Newspaper, major Chinese cloud providers such as Alibaba, Tencent, and ByteDance are negotiating long-term supply agreements for server DRAM with Samsung Electronics and SK Hynix. Some clients reportedly aim to extend the typical 3- to 5-year agreements to 2035, signing ultra-long-term contracts of up to 10 years. The report states that the companies are seeking to secure products including server DDR and low-power memory LPDDR. As demand for AI servers continues to rise and memory supply tightens, cloud providers are accelerating efforts to lock in memory capacity in advance—even at higher prices—to ensure sufficient supply for their AI business expansion. Previously, major U.S. tech companies have already secured memory resources through long-term supply agreements; China’s cloud providers’ follow-up actions reflect how competition in AI infrastructure is further extending into the server memory supply chain.