Samsung Locks 70% Memory Capacity Into 2031 Deals

Wccftech posted that Samsung has reportedly booked up to 70 percent of its memory chip production capacity under long-term supply agreements extending as far as 2031. The linked article states these contracts cover HBM and DRAM and run about five times cheaper than spot prices. It adds that such deals have reduced the spot market and removed the boom-bust cycle that chipmakers once faced. The post presents the information as a report rather than a first-party confirmation from Samsung.