Samsung Shares Gain on Nvidia AI Chip Manufacturing Deal
Samsung shares rose as much as 5% Tuesday after Nvidia CEO Jensen Huang confirmed the firm is making new AI chips. These 4nm processors will ship in late 2026.
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Shares of Samsung Electronics Co., Ltd. rose as much as 5% on Tuesday after the leadership of NVIDIA Corporation confirmed a new manufacturing partnership for artificial intelligence processors. The deal underscores the expanding role of the semiconductor industry in South Korea as global demand for AI hardware continues to climb.
