(Image credit: Getty / Cheng Yu-Chen) Intel and AMD are signing longer-term purchase commitments with Chinese server customers for data center processors, according to a new Reuters report that cites two people familiar with the talks. Prices for some server CPU products in China have climbed more than 40% since the start of the year and are still rising by over 10% month-on-month in some cases, one of the people said. Most of the agreements guarantee purchase volumes for about a year without fixing prices, and neither company responded to the publication's requests for comment. Go deeper with TH Premium: CPU Some customers have discussed commitments running two years or longer, one of the people told Reuters , with the deals covering unit volumes only, which leaves Chinese cloud providers and internet companies fully exposed to a market that has already added 40% to some CPU prices in under seven months.…