Samsung Shares Rise as Nvidia Considers Certifying HBM Chips

Nvidia CEO Jensen Huang's comments spark optimism for Samsung's high-bandwidth memory chips, despite engineering challenges.

Samsung's stock increased by up to 4.1% following Nvidia's evaluation of its HBM chips.
Nvidia's endorsement is crucial for Samsung to compete with SK Hynix in the AI chip market.
Samsung plans to triple its HBM chip supply in 2024 to meet growing AI demand.
Recent leadership changes at Samsung highlight its commitment to improving its semiconductor division.
SK Hynix remains the primary supplier of HBM chips to Nvidia, with production capacity nearly booked through next year.