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Cryptocurrency News Articles
Nvidia Fast-Tracks Certifications for Samsung Electronics Co.’s AI Memory Chips
Nov 24, 2024 at 07:43 am
But Samsung was not named as a major partner during Nvidia’s recent post-earnings call. The CEO pointed out partnerships with Taiwan Semiconductor Manufacturing Company (TSMC)
Nvidia (NASDAQ:NVDA) is fast-tracking certifications for Samsung Electronics (OTC:SSNLF) Co.’s AI memory chips, the Nvidia CEO confirmed.
Bloomberg reported that Nvidia is reviewing Samsung’s 8 and 12 high HBM3E offerings, as Huang confirmed at an event at the Hong Kong University of Science and Technology on Saturday.
Interestingly, Samsung was not named as a major partner during Nvidia’s recent post-earnings call. The CEO highlighted partnerships with Taiwan Semiconductor Manufacturing Company (NYSE:TSM), Amphenol, SK Hynix (OTC:HXSCL), Foxconn, Micron Technology (NASDAQ:MU), and Dell Technologies (NYSE:DELL).
Nvidia boasted a record third quarter with revenue up 94% year-over-year to $35.1 billion, easily beating the $33.12 billion Wall Street had in mind.
However, Samsung did receive Nvidia approval for its fourth-generation high bandwidth memory (HBM) in July. But the approval was limited to Nvidia’s H20 GPU.
Samsung’s delays in getting its more advanced AI memory chips certified have allowed SK Hynix and Micron to gain an upper hand in the market.
Nvidia’s Blackwell AI chips reportedly facing overheating issues
Separately, Nvidia’s latest Blackwell AI chips are said to be facing issues related to overheating. But when asked about this during the earnings call, Huang steered clear of the topic and highlighted instead that supply levels had exceeded expectations.
The company shipped 13,000 GPU samples in Q3, including some of the first Blackwell DGX units to OpenAI, as per Nvidia CFO Colette Kress.
“Blackwell demand is staggering, and we are racing to scale supply to meet the incredible demand customers are placing on us,” Kress added.
Nvidia stock fell by 3.22% on Friday to close the week at $141.95. In after-hours trading, the stock slipped another 0.13% to $141.77, according to Benzinga Pro data.
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