[Insiders: ChangXin Memory Signs Over $10 Billion Supply Agreements with ByteDance and Tencent] According to monitoring by Dongcha Beating, Reuters cited insiders stating that ChangXin Memory has signed a five-year supply agreement worth over $7 billion with ByteDance. Previously, ChangXin also reached a supply agreement worth over $3 billion with Tencent. The two deals total more than $10 billion. With the rapid expansion of AI data centers, domestic internet giants are beginning to secure memory supply through long-term large contracts. [Original link]