SK Hynix shares hit multidecade highs, Samsung also surges as chipmakers partner with OpenAI

## AI’s New Best Friends: Samsung, SK Hynix, and OpenAI Team Up

This article highlights a significant partnership in the world of artificial intelligence and semiconductors. OpenAI, the company behind ChatGPT, is teaming up with South Korean tech giants Samsung Electronics and SK Hynix to boost the supply of advanced memory chips crucial for AI development. Here’s a breakdown:

• **Stock Surge:** Shares of both Samsung and SK Hynix experienced a significant boost, with SK Hynix seeing its largest increase since 2000.
• **Stargate Initiative:** The partnership is part of OpenAI’s “Stargate” initiative, focusing on increasing the supply of advanced memory chips and expanding data center capacity in South Korea.
• **Advanced Memory Chips:** The collaboration will focus on scaling up production of advanced memory chips, essential for powering OpenAI’s AI models.
• **High-Bandwidth Memory (HBM):** SK Hynix is already mass-producing its next-generation HBM chips, a key component in AI computing, and a supplier to Nvidia.
• **HBM4 and Nvidia:** HBM4 chips are expected to be critical for Nvidia’s next-generation AI architecture, with SK Hynix leading the charge and Samsung working to get its HBM4 chips certified.
• **Market Competition:** SK Hynix has been gaining ground on Samsung in the memory market, with both companies vying for the top position.
• **Samsung’s Outlook:** Despite a recent dip in profits, Samsung anticipates a rebound in the second half of the year.

For more details, you can read the original article on CNBC.