[Reuters: Tencent Signs Long-Term Supply Agreement with CXMT, Contract Value Exceeds 20 Billion Yuan] BlockBeats News, June 29 — According to a Reuters report, three sources familiar with the matter revealed that Chinese memory chip manufacturer ChangXin Memory Technologies (CXMT) has signed a long-term supply agreement with Tencent Holdings, with the contract value exceeding 20 billion yuan (approximately $2.94 billion). This significant order was finalized ahead of CXMT's highly anticipated initial public offering (IPO). Sources stated that the agreement covers the supply of server DRAM chips for several years. Two of the sources mentioned that the contract term is up to 3 years, while another indicated it could extend to 5 years. Due to the confidentiality of the information, all three sources requested anonymity. Click the link below to access the original article and join the Beating · Feishu AI News Channel for 24/7 global AI news and updates. [Original Link]