Samsung Reports Major Progress in Supply Deal for AI Chips

The article discusses Samsung’s progress in securing a deal to supply artificial intelligence (AI) chips to a major client. Samsung, one of the world’s largest semiconductor manufacturers, has been working to expand its presence in the AI chip market. According to the report, Samsung has made significant headway in negotiations with a potential customer, which is believed to be a major tech company. The deal could be worth billions of dollars and would involve Samsung providing advanced AI chips for use in data centers and cloud computing services. The article highlights the growing demand for AI chips as companies increasingly rely on machine learning and data processing for various applications. Samsung’s AI chip business has been a strategic focus for the company as it aims to diversify its revenue streams beyond memory chips and smartphones. The successful completion of this deal would solidify Samsung’s position as a major player in the AI chip market and could pave the way for further growth in this lucrative sector.

Source: https://abcnews.go.com/International/wireStory/samsung-reports-major-progress-supply-deal-ai-chips-115343967