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Samsung Nears Nvidia Certification for Key HBM4 AI Memory Chip, Narrowing Gap with SK Hynix: Wire
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South Korea's Samsung Electronics (005930.KS) is close to obtaining Nvidia's (NVDA.US) certification for its latest AI memory chip, known as HBM4, Bloomberg reported, citing sources. This development is anticipated to help narrow the gap with competitor SK Hynix (000660.KS). Samsung Electronics' stock opened higher today (26th) but has since ebbed back, last down 0.1%, while SK Hynix was down 2.9%. Samsung Electronics entered the final certification stage with Nvidia, having provided initial samples to Nvidia last September, the report revealed, citing people with the knowledge of the matter. Nvidia uses a large amount of HBM to power its AI accelerators. In the field of AI memory, Samsung lags behind SK Hynix and Micron (MU.US), but the stock prices of all three companies have skyrocketed in recent weeks as the AI boom has led to a memory chip woe across the entire electronics industry. AASTOCKS Financial News Website: www.aastocks.com |
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