HK Movers | CSOP SK Hynix Daily 2x Leveraged Product Surges 20%; CSOP Samsung Electronics Daily 2x Leveraged Product Jumps 8%

CSOP SK Hynix Daily 2x Leveraged Product surged 20% while CSOP Samsung Electronics Daily 2x Leveraged Product jumped about 8% in Hong Kong.

Samsung Electronics said on Friday it is in "close discussion" to supply its next-generation high-bandwidth memory (HBM) chips, or HBM4, to Nvidia, as the South Korean chipmaker scrambles to catch up with rivals in the AI chip race.

Samsung, which plans to market the new chip next year, did not specify when it aims to ship the latest version of its HBM chip, a key building block of artificial intelligence chipsets.

South Korea's government plans to invest in AI infrastructure using more than 50,000 of Nvidia's latest chips, while Samsung Electronics, SK Group and Hyundai Motor Group will each deploy up to 50,000 AI chips in smart factories involved, for instance, in semiconductor and vehicle manufacturing.