In this illustrated photo taken in Krakow, Poland on January 30, 2023, the Samsung logo is seen on a mobile phone screen reflecting binary code, laptop keyboard, memory card, adapter and cables. (Photo: Jakub Porzycki/NurPhoto via Getty Images)
Jakub Bolzycki | Noor Photos | Getty Images
Chip giant Nvidia drives South Korea’s heavyweight Samsung Electronics shares soar more than 5% It is reported that The South Korean chipmaker’s high-bandwidth memory chips are in the “qualification” stage for use in Nvidia’s graphics processing units.
This is after competitor SK Hynix declare The company is preparing to provide high-bandwidth memory (HBM) chips to customers, Reuters said Nvidia will be its first customer.
SK Hynix shares plunged 3.56% on Wednesday.
Samsung’s daily gain on Wednesday was the stock’s biggest percentage gain since September, according to Reuters data.
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