Samsung Electronic’s (SSNLF) HBM3 chips have been cleared by Nvidia (NVDA) for use in its processors for the first time, Fanny Potkin and Heekyong Yang of Reuters reports, citing three people briefed on the matter. The HBM3 chips, however, will only be used in a less sophisticated Nvidia graphics processing unit, the H20, which has been developed for the Chinese market in compliance with U.S. export controls, the sources added.
Published first on TheFly – the ultimate source for real-time, market-moving breaking financial news. Try Now>>
Read More on NVDA:
- Intel’s (NASDAQ:INTC) Desktop CPU Issues May Now Be Fixed
- Jim Cramer Weighs In: How Kamala Harris Could Impact the Stock Market
- NVIDIA AI Foundry Builds Custom Llama 3.1 Generative AI Models for the World’s Enterprises
- $6.56T Sitting on the Sidelines, Is This Bullish?
- ‘Watch for This Catalyst,’ Says Citigroup About Nvidia Stock