News

Samsung shares surge following reports on expanding capacity in AI chip productionSamsung shares surged 6.4 percent as it prepares to supply HBM4 chips for Nvidia Vera Rubin AI accelerators, closing the gap with SK Hynix amid soaring demand from Amazon.com Inc. and Alphabet Inc.By CNBCTV18.com February 9, 2026, 6:31:43 AM IST (Published)2 Min ReadSamsung, the Korean behemoth, saw its shares surge after a report indicated that the business will soon start mass-producing HBM4 memory chips, which are used as part of the buildout of artificial intelligence infrastructure. Samsung Electronics Co.'s shares increased by as much as 6.4%.

According to Yonhap News, the South Korean IT behemoth intends to supply the semiconductors to Nvidia Corp., the industry leader in AI accelerators, as early as the third week of February. According to Yonhap, which cited unnamed industry sources, the US company's next Vera Rubin AI accelerators will be powered by the HBM chips.

Samsung is in a unique position to catch up to SK Hynix Inc., which had already surpassed Samsung as Nvidia's main supplier of memory chips.

Also Read: Fractal Analytics IPO opens today: Brokerages mixed, valuation a concern

Samsung’s progress in high-bandwidth memory development suggests it’s closing the gap with its domestic rival.

By Friday's close, Samsung's stock had already surged by over 30% this year, as higher memory chip prices have helped all of the industry's major companies.

Just since the fourth quarter of 2025, some costs have nearly doubled due to soaring demand from hyperscalers like Amazon.com Inc. and Alphabet Inc.

Gains in AI-related US stocks linked to the expansion of the data centre probably helped Samsung as well. Nvidia's stock increased by about 8% on Friday after four significant hyperscalers announced plans to invest roughly $650 billion this year.

Continue Reading(Edited by : Juviraj Anchil)TagsNvidiaSamsung Electronics