Samsung (SSNLF) has started mass production of its 9th-generation 286-layer 3D NAND memory chips, which increases data I/O speeds by 33% compared to 8th-gen 236-layer chips, Nikkei Asia’s Nami Matsuura reports. The ninth-generation 3D NAND memory will be used in artificial intelligence data centers, as well as in smartphones, with Google (GOOGL) and Apple (AAPL) believed to be the main clients, according to the report.
Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on SSNLF:
- Apple’s (NASDAQ:AAPL) Smartphone Shipments Take a Dip
- Biden announces preliminary agreement with Samsung to bring semi plants Texas
- U.S. to award Samsung more than $6B chip subsidy next week, Reuters reports
- Micron price target raised to $150 from $135 at KeyBanc
- Samsung Sees Q1 Operating Profit Rising Tenfold Amid AI Boom