"Nvidia's Interest Sends Samsung Shares Soaring"

1 min read
Source: CNBC
"Nvidia's Interest Sends Samsung Shares Soaring"
Photo: CNBC
TL;DR Summary

Samsung's stock surged over 5% following reports that Nvidia is considering using its next-generation high-bandwidth memory chips for its graphics processing units. Nvidia's CEO hinted at the qualification process during a media briefing, praising Samsung as "a very good company." This news comes after rival SK Hynix announced its plans to deliver similar chips to customers, with Nvidia reportedly being its first client. Meanwhile, SK Hynix's shares dropped by as much as 3.56% in response to the reports.

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