OpenAI CEO in Talks with Samsung, SK Hynix for Chip Production Collaboration

Sam Altman's South Korea visit comes amid his reported efforts to raise billions for semiconductor manufacturing, with the world's top memory chipmakers as potential partners.

• OpenAI CEO Sam Altman is in South Korea meeting with leaders of Samsung Electronics and SK Hynix, the world's top two memory chipmakers, to discuss potential collaborations in chip production.
• Altman has been reported to be raising billions of dollars to establish a network of semiconductor manufacturing factories, with Samsung and SK Hynix as potential partners.
• Samsung and SK Hynix manufacture premium high bandwidth memory (HBM) chips tailored for AI processors, a market currently dominated by Nvidia.
• SK Hynix recently returned to profit after four consecutive quarters of losses, driven by demand for chips used in AI.
• South Korea is a global leader in high-end chip production, with plans to invest heavily in the sector over the coming years.

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