Samsung Shares Jump 5% After Nvidia CEO Confirms New AI Chip Partnership

TLDR: Nvidia CEO Jensen Huang confirmed Samsung is manufacturing the Groq LP30 AI chip using its 4-nanometer process. Samsung shares climbed as much as 5%, outpacing the broader South Korean market, which rose just 2.7% on Tuesday. Analysts at Heungkuk Securities project Samsung’s foundry division could reach breakeven by late 2027 despite headwinds. AMD CEO [...]

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