LAS VEGAS - Nvidia CEO Jensen Huang expressed optimism, Tuesday (local time), about Samsung Electronics’ efforts to supply its most advanced high-bandwidth HBM memory chip to his company. However, Huang stressed the need for the Korean chipmaker to 'engineer a new design.

Samsung said in its third-quarter earnings report that it was making progress in its efforts to supply high-bandwidth memory chips to Nvidia, but it has not provided any updates since the. The ongoing delay appears to have put a big dent in its earnings, analysts told Reuters.

Samsung Electronics is expected to report a slowdown in profit growth for the fourth quarter, reflecting challenges in meeting Nvidia’s surging demand for AI chips. Analysts predict Samsung’s operating profit for the period will reach 8.