Samsung's AI Chip Triumph: Nvidia Gives Green Light

Markets & Money Today | 2 Min News | The Daily News Now! - A podcast by The Daily News Now! - Tuesdays

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Samsung's stock skyrockets after Nvidia reportedly approves their advanced memory chips for AI accelerators, marking a major comeback and positioning them to compete with rivals like SK Hynix and Micron. After a challenging nineteen-month development, Samsung's HBM3E chips passed Nvidia's rigorous testing, potentially leading to future collaborations and capitalizing on the expected AI-driven memory chip shortage. With a recent deal with Tesla and significant investor interest, Samsung is solidifying its place as a key player in the semiconductor industry. Hosted on Acast. See acast.com/privacy for more information.

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