Samsung symbol shown on a telephone display with a binary code mirrored on it, a laptop computer keyboard, a memory card, an adaper and cables are observed in this illustration image taken in Krakow, Poland on January 30, 2023. (Photo by Jakub Porzycki/NurPhoto via Getty Pictures)
Jakub Porzycki | Nurphoto | Getty Pictures
Shares of South Korean heavyweight Samsung Electronics soared additional than 5% after chip huge Nvidia reportedly said the South Korean chipmaker’s higher bandwidth memory chips were in the “qualifying” phase for use in Nvidia’s graphics processing models.
This arrives just after rival SK Hynix announced that it was established to provide its large-bandwidth memory (HBM) chips to consumers, with Reuters saying that Nvidia would be its first shopper.
Shares of SK Hynix plunged as a great deal as 3.56% on Wednesday.
Samsung’s every day achieve Wednesday was the most significant share jump the stock has found since September, in accordance to Reuters details.
This is breaking news story, please look at again afterwards for extra.