"Samsung Electronics reached its highest stock price of the year on Monday after reports emerged that the company had received the green light from Nvidia to supply advanced memory chips. According to Bloomberg, the South Korean technology giant finally seems to be catching up with the leaders in the high-bandwidth memory (HBM) market, which has so far been dominated by SK Hynix. According to local media reports, Samsung has successfully passed Nvidia's qualification tests with its 12-layer HBM3E memory."
"The stock market reacted positively: the share price rose by more than five percent and reached its highest level since August 2024. Investors appreciate not only the possible approval of Nvidia, but also broader prospects for the chip sector. They are counting on scarcity in the commodity memory market, an area in which Samsung is still the world leader. Foreign funds have bought billions of dollars worth of shares in recent weeks. However, the practical effect will initially be limited."
Samsung Electronics passed Nvidia's qualification tests for its 12-layer HBM3E memory, enabling competition with SK Hynix and Micron in high-bandwidth memory for AI accelerators. The components are essential for the latest generation of AI training hardware. Samsung deployed extra resources to overcome delays and technical challenges in the high-end memory niche after years of dominance in standard memory production. The stock rose over five percent to its highest level since August 2024 as investors anticipated supply scarcity and broader chip-sector gains. Initial deliveries will be limited because Nvidia has already placed most orders with SK Hynix and Micron.
Read at Techzine Global
Unable to calculate read time
Collection
[
|
...
]