Samsung Electronics' stock price fell more than 2% due to quality verification issues with its High Bandwidth Memory (HBM).
Kim Minyoung
kimmy@alphabiz.co.kr | 2024-05-24 09:21:25
Photo = Samsung Electronics
[Alpha Biz= Reporter Kim Minyoung] On the 24th, Samsung Electronics' stock price saw a significant drop in early trading due to news that its High Bandwidth Memory (HBM) chips have yet to pass Nvidia's quality verification tests due to issues such as heat generation and power consumption.
As of 9:11 a.m. KST, Samsung Electronics was trading at 76,500 won, down 2.30% from the previous trading day.
Earlier, Reuters reported, citing multiple anonymous sources, that Samsung Electronics' HBM chips have not yet passed Nvidia's quality verification tests.
According to the report, issues such as heat generation and power consumption have arisen, and Samsung Electronics stated that if necessary, an optimization process tailored to customer needs is required for HBM, emphasizing close cooperation with customers.
On the other hand, SK Hynix, which holds an advantage in supplying HBM to Nvidia, is trading at 202,500 won, up 1.25% from the previous day's closing price.
[ⓒ AlphaBIZ. 무단전재-재배포 금지]
많이 본 기사
- 1Samsung Electronics Labor Talks Collapse Again as Union Rejects “Industry-Leading” Compensation Proposal
- 2Korea Exchange Flags 76 Suspected Short-Selling Violations via Monitoring System
- 3Affinity Equity Partners Seeks Price Cut in Lotte Rental Deal Amid Antitrust Hurdles
- 4Court Dismisses Shareholder Derivative Suit Against DB HiTek Chairman Family Over Compensation Dispute
- 5Naphtha Supply Risks Trigger Packaging Shortage Concerns Across Food and Restaurant Industries
- 6Naver Revises Dormant Account Policy for Mail Service to Cut Costs and Reduce Spam Traffic