Samsung, SK Hynix shares rally on OpenAI partnerships
Reutersยท2025-10-02 00:22
Core Viewpoint - Shares of Samsung Electronics and SK Hynix experienced a rally following the announcement of letters of intent to supply memory chips for OpenAI's data centers [1] Company Summary - Samsung Electronics and SK Hynix are South Korean chipmakers that have signed agreements to provide memory chips [1] Industry Summary - The collaboration between these chipmakers and OpenAI highlights the growing demand for memory chips in data centers, particularly in the context of AI and machine learning applications [1]