6% growth in shares: Samsung starts supplying memory chips to Nvidia

Shares of the South Korean giant Samsung have risen by more than 6% following the announcement that the company has won the right to supply advanced memory chips to the leader in artificial intelligence, Nvidia.

According to Bloomberg, this news led to the biggest increase in Samsung's stock price since January 2021. The information relates to the launch of a new generation of memory that is optimized for use with artificial intelligence (AI) accelerators and is scheduled to ship in the fourth quarter.

"After successfully entering Nvidia's HBM supply chain, we anticipate that Samsung will become one of the main suppliers of HBM3," the company said in an official report.

Samsung entered into an agreement to supply HBM3 to Nvidia after its chips successfully passed the last stage of quality testing conducted by the American developer. Deliveries of key memory chips are scheduled to begin next month.

For Nvidia, this represents an opportunity to obtain better pricing, improve performance and ensure stable supply, while expanding its ability to innovate.

In connection with this news, the share prices of other Samsung suppliers have also jumped. Hana Micron, a chip testing and packaging company, soared by 30%, and Daeduck Electronics, a PCB supplier, rose by 7.4%.

Thus, this not only contributes to the development of Samsung's business, but also creates an opportunity for other companies to develop their potential in the innovation sector, ensuring stable and productive partnerships in the AI industry.