"Samsung Surges on Nvidia's AI Chip Support"

TL;DR Summary
Samsung's stock surged after reports that Nvidia is considering buying its high-bandwidth memory chips, potentially closing the gap with rival SK Hynix in the AI semiconductor field. Samsung aims to lead the global chip market within two to three years and expects its chip business to recover to 2022 levels this year. Nvidia's endorsement of Samsung as an HBM supplier has boosted investor confidence, with expectations that Samsung will qualify for supplying HBM3E to Nvidia's latest chips. Both Samsung and SK Hynix are investing in capacity and technology to secure their positions in the memory chip market.
- Samsung Jumps Most in Six Months After Nvidia CEO's Backing Yahoo Finance
- Samsung soars more than 5% after report of Nvidia considering its next-gen chips CNBC
- Samsung Creates Lab to Research Chips for AI's Next Phase Bloomberg
- Samsung to launch AI chips to challenge Nvidia, others — 'Mach 1' chips to launch in early 2025 Tom's Hardware
- Samsung shares surge as Nvidia tests AI memory chips By Investing.com Investing.com
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