(March 18): Samsung Electronics Co agreed to supply and collaborate with Advanced Micro Devices Inc (AMD) on next-generation artificial intelligence (AI) memory and computing technologies.
Under a preliminary agreement, Samsung will provide next-generation high-bandwidth memory, HBM4, as the primary supplier for AMD’s MI455X accelerators used in corporate data centres, the companies said in a joint statement on Wednesday.
Samsung will also supply DDR5 memory chips for AMD’s Helios system based on the MI455X and the new Venice central processing unit design, according to the agreement signed by AMD chief executive officer Lisa Su and Samsung co-CEO Jun Young-hyun in Pyeongtaek, south of Seoul.
The two companies also agreed to discuss opportunities for foundry partnership.
AMD is widely regarded as Nvidia Corp’s closest rival in chips for developing and running AI software. AMD has built a new multibillion-dollar AI business in recent years, boosting its revenue and earnings. Investors who have bid up its stock are looking for clearer signs it can capture a larger share of the tens of billions of dollars in orders dominated by Nvidia.
The South Korean chipmaker is already a key supplier of 12-layer HBM3E that is paired with AMD’s accelerators, MI350X and MI355X. Shares in Samsung extended their gains in Seoul, climbing as much as 7.8% ahead of the announcement on Wednesday.
See also: Nvidia CEO says company firing up H200 production for China
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