Samsung Electronics expects lower operating profit due to R&D costs and weak demand for memory chips. Nvidia approves Samsung's HBM chips for AI processors.
Samsung Electronics "has to engineer a new design" to pass Nvidia's verification test for its high bandwidth memory (HBM) chips, according to Nvidia CEO Jensen Huang on Tuesday.
Samsung’s weaker than expected earnings underline investor concern that the company is falling further behind rival SK Hynix in the high-bandwidth memory chips used in AI hardware.
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