Samsung Stock Rises After Report on Mass Production of AI Chips

Samsung Electronics Co.’s shares climbed as much as 6.4% after a report that the company will soon begin mass production of HBM4 memory chips, used as part of the buildout for artificial intelligence infrastructure.

The South Korean tech giant plans to ship the semiconductors to Nvidia Corp., the leader in AI accelerators, as early as the third week of February, Yonhap News reported. The HBM chips will be used to power the US company’s upcoming Vera Rubin AI accelerators, Yonhap reported, citing unidentified people in the industry.