However, Huang also noted that Samsung's product needs more engineering work. He dismissed a Reuters report claiming that Samsung's HBM chips failed Nvidia's standards for heat and power consumption. Meanwhile, SK Hynix, Nvidia's primary HBM chip supplier, has seen a 79% increase in shares over the past year due to strong demand for Nvidia's GPUs to run AI applications.
Key takeaways:
- Nvidia CEO Jensen Huang has given tentative support to Samsung's high-bandwidth memory (HBM) chips, causing shares in Samsung to rise by 2.8%.
- Despite this, Huang noted that Samsung's product still needs more engineering work and has not fully endorsed the company's work.
- Samsung is trying to catch up with its competitor SK Hynix, which is currently Nvidia's primary supplier of HBM chips, by increasing its supply of HBM chips this year.
- Strong demand for Nvidia's GPUs to run AI applications has been beneficial for SK Hynix, with the company's shares up 79% over the past 12 months, compared to Samsung's 9%.