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Market Chatter: Samsung Electronics' Memory Chief, Nvidia Boss Talk HBM Partnership

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Jun Young-hyun, the head of Samsung Electronics' (KRX:005930) memory business and Nvidia CEO Jensen Huang discussed long-term collaboration on next-generation high-bandwidth memory (HBM) products, Yonhap News reported Tuesday.

The two heads discussed cooperation on next-generation HBM technologies, comprising HBM4E and HBM5, along with potential collaboration in the foundry business, according to the report.

Samsung also plans to boost supplies of HBM4 chips to Nvidia in recent times, it said.

Shares of Samsung Electronics jumped nearly 9% at market close.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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