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China’s CXMT wins a reported $3bn memory deal with Tencent

Posted on June 29, 2026 By 164news66 No Comments on China’s CXMT wins a reported $3bn memory deal with Tencent

ChangXin Memory Technologies Agrees to Supply Tencent with $3bn in Memory Chips

ChangXin Memory Technologies has agreed to supply Tencent with roughly $3bn of memory chips, according to two people familiar with the matter who spoke to Reuters. This deal would bind one of China’s largest cloud operators to its largest homegrown DRAM maker.

Neither company has publicly confirmed the agreement, and the figure was obtained from sourcing rather than […]

This story continues at The Next Web.

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