Samsung secures Nvidia's approval for HBM3 chips, targeting 10% market share increase by 2025.
Samsung Electronics is progressing in closing the gap with rival SK Hynix in developing AI memory chips. Samsung has secured Nvidia's approval for its HBM3 chips and anticipates approval for the next-gen HBM3E in 2-4 months. The HBM market, projected to reach $71 billion by 2027, could see Samsung capture 10% incremental market share by 2025, adding approximately $4 billion in revenue.
July 30, 2024
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