Nvidia Greenlights Samsung's High Bandwidth Memory Chips For AI Chips In China: Report
Portfolio Pulse from Benzinga Neuro
Nvidia has approved the use of Samsung's HBM3 chips in its AI processors for the Chinese market, specifically in the H20 GPU designed to comply with U.S. export controls. This move aims to diversify Nvidia's supplier base amid a shortage of advanced GPUs and ongoing U.S. export restrictions.
July 24, 2024 | 7:26 am
News sentiment analysis
Sort by:
Descending
POSITIVE IMPACT
Nvidia has approved Samsung's HBM3 chips for its H20 GPU in China, aiming to diversify its supplier base amid GPU shortages and U.S. export restrictions.
Nvidia's approval of Samsung's HBM3 chips for its H20 GPU in China is a strategic move to address GPU shortages and comply with U.S. export restrictions. This could positively impact Nvidia's stock in the short term due to increased supply chain stability and market demand.
CONFIDENCE 90
IMPORTANCE 90
RELEVANCE 100