Nvidia Nears Certification Of Samsung's AI Chips As Market Rivalry With SK Hynix Surges
Written by Emily J. Thompson, Senior Investment Analyst
Updated: Jun 04 2024
0mins
Should l Buy NVDA?
Source: Benzinga
- Nvidia Certification Process: Nvidia is finalizing the certification process for Samsung's high-bandwidth memory (HBM) chips, crucial for AI platform training.
- Evaluation of HBM Chips: Nvidia is evaluating HBM chips from Samsung and Micron Technology to compete with SK Hynix.
- Samsung's HBM Challenges: Samsung trails behind SK Hynix in the HBM market due to additional engineering work required on its products.
- Investor Concerns: Investors are worried about Samsung's ability to catch up with SK Hynix, leading to a recent leadership change in its semiconductor division.
- Production Expansion: Samsung aims to triple its HBM supply by 2024, while SK Hynix is expanding its production capacity.
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Analyst Views on NVDA
Wall Street analysts forecast NVDA stock price to rise
41 Analyst Rating
39 Buy
1 Hold
1 Sell
Strong Buy
Current: 198.350
Low
200.00
Averages
264.97
High
352.00
Current: 198.350
Low
200.00
Averages
264.97
High
352.00
About NVDA
NVIDIA Corporation is an artificial intelligence (AI) infrastructure company. The Company is engaged in accelerated computing to help solve the challenging computational problems. Its segments include Compute & Networking and Graphics. The Compute & Networking segment includes its Data Center accelerated computing and networking platforms and AI solutions and software, and automotive platforms and autonomous and electric vehicle solutions, including software. The Graphics segment includes GeForce GPUs for gaming and personal computers (PCs), and Quadro/NVIDIA RTX GPUs for enterprise workstation graphics. Its technology stack includes the foundational NVIDIA CUDA development platform that runs on all NVIDIA GPUs, as well as hundreds of domain-specific software libraries, frameworks, algorithms, software development kits (SDKs), and application programming interfaces (APIs). Its platforms address four markets, which include Data Center, Gaming, Professional Visualization, and Automotive.
About the author
Emily J. Thompson
Emily J. Thompson, a Chartered Financial Analyst (CFA) with 12 years in investment research, graduated with honors from the Wharton School. Specializing in industrial and technology stocks, she provides in-depth analysis for Intellectia’s earnings and market brief reports.
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