Artificial Intelligence Changes Memory Chip Sales Rules

The growth in the field of artificial intelligence is changing not only how much memory chip manufacturers produce, but also how they sell it. The world's three largest memory chip manufacturers - Samsung Electronics, SK hynix and Micron Technology - have started to lock in their customers with long-term supply contracts of up to 5 years. This change means the industry is shifting from an area dominated by quarterly negotiations and short-term orders to one that requires potentially longer-term planning.

Half of global technology companies are driving these manufacturers to plan for the long term in order to secure a stable memory source for their artificial intelligence data centers. This situation is leading memory chip manufacturers to establish longer-term relationships with their customers and create a more secure supply chain.