China’s ChangXin Memory Technologies (CXMT) is reported to have agreed to a large memory-chip supply arrangement with Tencent. Multiple outlets citing unnamed sources say the deal is valued at roughly $3 billion and involves CXMT supplying Tencent with DRAM memory chips. The reporting characterizes the agreement as binding Tencent—described as one of China’s major cloud operators—to China’s largest homegrown DRAM maker. None of the sources indicate that CXMT or Tencent has publicly confirmed the transaction, and the reported value is described as coming from people familiar with the matter rather than from official disclosures. The Next Web’s summary, attributed to Reuters sourcing, presents the reported figure and the parties involved, while the Yahoo Finance entry similarly points to an “exclusive” report about the transaction. Seeking Alpha’s headline also reflects that a report indicates a $3 billion DRAM supply pact. Overall, the available information centers on the reported size, the parties, and the lack of public confirmation from either company.