Biwin has locked in $1.86 billion of NAND for the next two years.
The company signed a two‑year agreement, beginning June 30, 2026, with an unnamed NAND supplier. Tom's Hardware reports the contract fixes both price and volume, meaning Biwin will pay the same amount regardless of market fluctuations. At $1.86 billion, the deal represents more than half of Biwin's annual revenue, underscoring how critical flash memory has become for the SSD and DRAM kit maker.
The move signals that Biwin expects the current memory shortage to linger. AMD client channel VP David McAfee said, "I think we'll start to see by the end of next year and into 2028 that ramp really starts to take hold, and then it's just a factor of the forces of supply and demand, and how that affects memory prices." A long‑term contract hedges against price spikes, but it also risks overpaying if prices fall.
If the market corrects, Biwin could be stuck paying above‑spot rates, a gamble that mirrors similar long‑term deals other manufacturers are reportedly pursuing.