Nanya inks long-term DRAM supply contracts - Taipei Times

MEMORY SHORTAGE:

The company has raised NT$78.7 billion in private placements, which it is to use in the construction of a new plant, increasing capacity

By Lisa Wang / Staff Reporter

Nanya Technology Corp (南亞科技) yesterday said more customers are tending to secure longer-term, or multiple-year DRAM supply contracts, suggesting the ongoing memory shortage could continue until the end of next year at least.The company attributed the solid customer demand to explosive growth in artificial intelligence (AI) applications, as more DRAM chips are consumed amid AI’s evolution to offer agentic features.Last month, four customers signed three-year supply agreements, the longest contracts inked in the past few years, along with subscriptions to Nanya Technology’s new shares via private placements, the company said.

Nanya Technology Corp president Lee Pei-ing speaks to reporters after the company’s annual general meeting in Taoyuan yesterday.