Nvidia Nears Certification Of Samsung's AI Chips As Market Rivalry With SK Hynix Surges
Portfolio Pulse from Shivani Kumaresan
Nvidia is finalizing the certification process for Samsung's high-bandwidth memory (HBM) chips, which are crucial for training AI platforms. Nvidia is also evaluating HBM chips from Micron Technology. SK Hynix, a key supplier to Nvidia, has seen a stock surge due to its advanced HBM3 and HBM3e chips. Samsung's shares rose by 4.1% following Nvidia CEO Jensen Huang's comments on the need for additional engineering work on Samsung's HBM product. Nvidia's stock has gained over 195% in the last 12 months, and investors can gain exposure via VanEck Semiconductor ETF and Grizzle Growth ETF.
June 04, 2024 | 5:27 pm
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POSITIVE IMPACT
Investors can gain exposure to Nvidia's stock via the Grizzle Growth ETF, which could benefit from Nvidia's potential supply chain stabilization.
Grizzle Growth ETF could benefit from Nvidia's potential supply chain stabilization, positively impacting the ETF's performance.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60
POSITIVE IMPACT
Nvidia is evaluating HBM chips from Micron Technology, which could lead to increased business for Micron if their chips are certified.
If Nvidia certifies Micron's HBM chips, it could lead to increased business for Micron, positively impacting its stock price.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80
POSITIVE IMPACT
Nvidia is finalizing the certification process for Samsung's HBM chips, which are crucial for AI training. This could provide Nvidia with a robust alternative supplier, potentially stabilizing its supply chain.
Nvidia's certification of Samsung's HBM chips could provide a robust alternative supplier, stabilizing its supply chain and potentially boosting its stock price.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100
POSITIVE IMPACT
Investors can gain exposure to Nvidia's stock via the VanEck Semiconductor ETF, which could benefit from Nvidia's potential supply chain stabilization.
VanEck Semiconductor ETF could benefit from Nvidia's potential supply chain stabilization, positively impacting the ETF's performance.
CONFIDENCE 70
IMPORTANCE 60
RELEVANCE 60