Nvidia Company NVDA is expediting the certification technique of Samsung Digital Co.’s SSNLF AI reminiscence chips.
What Occurred: This info was confirmed by Nvidia’s CEO, Jensen Huang, at an occasion on the Hong Kong College of Science and Expertise on Saturday, reported Bloomberg.
Huang stated that Nvidia is evaluating each 8-high and 12-high HBM3E choices from Samsung.
Notably, the Nvidia CEO didn’t embody Samsung within the listing of main companions he talked about throughout a post-earnings name with analysts earlier this week.
See Additionally: Nvidia’s Blackwell Set To Outpace Hopper? Right here’s What CEO Jensen Huang Predicts For 2025
At the moment, Huang highlighted the spectacular listing of companions together with Taiwan Semiconductor Manufacturing Firm Ltd. TSM, Amphenol APH, SK Hynix HXSCF, Foxconn, Micron Expertise Inc. MU, and Dell Applied sciences DELL.
Nvidia reported third-quarter income of $35.1 billion, a 94% improve year-over-year, surpassing the Avenue consensus estimate of $33.12 billion, based on knowledge from Benzinga Professional.
Subscribe to the Benzinga Tech Tendencies publication to get all the newest tech developments delivered to your inbox.
Why It Issues: This improvement follows Nvidia’s preliminary approval of Samsung’s fourth-generation excessive bandwidth reminiscence in July.
This marked the primary time Nvidia authorized using Samsung’s HBM3 chips, albeit for a much less superior Nvidia graphics processing unit (GPU), the H20, particularly designed for the Chinese language market.
Nevertheless, Samsung’s delay in acquiring Nvidia’s certification for AI reminiscence chips has given opponents SK Hynix and Micron an edge within the high-bandwidth reminiscence market.
Nvidia’s new Blackwell AI chips are reportedly dealing with overheating issues. When requested about it throughout the earnings name, Huang sidestepped the query and as an alternative highlighted that the availability ranges surpassed preliminary expectations.
Nvidia’s CFO, Colette Kress, additionally stated the corporate shipped 13,000 GPU samples within the third quarter, together with one of many first Blackwell DGX samples to OpenAI.
“Blackwell demand is staggering, and we’re racing to scale provide to satisfy the unimaginable demand clients are putting on us,” Kress acknowledged throughout the name.
Worth Motion: Nvidia shares dropped 3.22% on Friday, closing at $141.95, and noticed an extra decline of 0.13% in after-hours buying and selling, reaching $141.77 as of the newest replace, based on Benzinga Professional knowledge.
Try extra of Benzinga’s Shopper Tech protection by following this hyperlink.
Learn Subsequent:
Photograph courtesy: Shutterstock
Market Information and Information dropped at you by Benzinga APIs
© 2024 Benzinga.com. Benzinga doesn’t present funding recommendation. All rights reserved.
