Nvidia is in the process of qualifying Samsung's high-bandwidth memory (HBM) chips for future use, as reported by multiple sources including Nikkei Asia and statements from CEO Jensen Huang. This move marks a significant shift in Nvidia's procurement strategy, as it looks to diversify its suppliers for crucial components in AI processors. Previously, Nvidia partnered with SK Hynix for HBM3 memory, but for the next-generation HBM3E, it is also working with Micron, and now, Samsung is being considered. Following these reports, Samsung's stock experienced a notable surge, gaining more than 5% in value, its most significant increase in over six months. Nvidia's stock also saw a slight increase, up 0.1% pre-market. This development is seen as a milestone for Samsung, Korea's largest company, indicating a growing demand for its next-gen chips.
Nvidia plans to procure high-bandwidth memory chips, a crucial component in AI processors, from Samsung as the South Korean electronics giant tries to catch up with rival SK Hynix. https://t.co/ZIZ2vxnqOo
$NVDA (+0.1% pre) Samsung soars more than 5% after report of Nvidia considering its next-gen chips - CNBC https://t.co/NGKZPB9feQ
Nvidia is qualifying Samsung’s HBM (high bandwidth memory) chips and will use them in the future, Nikkei reports, citing CEO Jensen Huang. SK Hynix was Nvidia’s partner for HBM3 memory, but in next-generation HBM3E, Nvidia is working with Micron as well, and Samsung will be the…
Samsung soars more than 5% after report that Nvidia is looking to buy its next-gen chips https://t.co/3597GZ4ZgP
Samsung Shares Rally After Reports of Nvidia Seeking Next-Generation Chip Supply https://t.co/KdLrDtdBEE
Samsung gains its most in more than six months after Nikkei Asia reported Nvidia is looking to buy its high-bandwidth memory chips, describing a milestone for Korea’s largest company https://t.co/e6qUOefoNZ
Nvidia Looks To Procure High-Bandwidth Memory Chips From Samsung - Nikkei https://t.co/ExlUqzDwSf
Nvidia looks to procure high-bandwidth memory chips from Samsung https://t.co/fx2o6PqP3J
Huang says Nvidia is “qualifying” Samsung HBM (memory).