Nvidia CEO’s Comment Boosts Samsung’s Shares in Tech Industry
Nvidia CEO Jensen Huang’s comments at the Computex trade show in Taiwan have sparked interest in Samsung’s high-bandwidth memory chips, leading to a surge in Samsung Electronics’ shares. While Huang praised Samsung’s chips, he emphasized the need for further engineering work to meet Nvidia’s standards. Samsung is intensifying efforts to enhance its HBM chip supply and stay competitive in the AI sector, despite facing competition from SK Hynix, Nvidia’s primary HBM chip supplier.
HBM Prices Soaring Due to AI Chip Demand
High-bandwidth memory (HBM) prices are soaring due to increasing demand from AI chipmakers like Nvidia and AMD. HBM chips are crucial for AI systems and are expected to see continued high prices despite supply growth. Samsung and SK Hynix dominate the market and are ramping up production to meet demand. HBM is projected to account for over 18% of the DRAM market this year, with high profit margins driving sales.