Samsung's shares surge as much as 6% company ships next-generation AI memory chip samples
Samsung Electronics' shares rose by over 6% following the announcement of its new high-bandwidth memory chip samples. The 12-layer HBM4E chip boasts impressive speeds and energy efficiency, catering to the demands of advanced AI systems. Samsung aims to expand its offerings in the AI memory market to enhance its competitive position.
- ▪Samsung's shares surged as much as 6.51% after announcing the shipment of its latest memory chip samples.
- ▪The 12-layer HBM4E chip can achieve speeds of up to 16 Gigabits-per-second with improved energy efficiency.
- ▪Samsung plans to expand its memory chip lineup to include configurations based on customer requirements.
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Shares of Samsung Electronics surged as much as 6.51% after the company said it had begun shipping samples of its latest high-bandwidth memory chip to its customers globally. Samsung's 12-layer HBM4E chip, which it described as an industry first, can reach speeds of up to 16 Gigabits-per-second "with improved energy efficiency and thermal performance," the company said in a press release. High Bandwidth Memory chips, such as those produced by Samsung, SK Hynix and Micron are used in advanced artificial intelligence systems.
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