Chinese Tech Buys AI Chips
This is a China news story, published by MSN, that relates primarily to HBM news.
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global semiconductor supply chainReuters
•Exclusive-Chinese firms stockpile high-end Samsung chips as they await new US curbs, say sources
79% Informative
Chinese tech giants including Huawei and Baidu as well as startups are stockpiling high bandwidth memory ( HBM ) semiconductors from Samsung Electronics in anticipation of U.S. curbs on exports of the chips to China .
China account for about 30% of Samsung 's HBM chip revenue in the first half of 2024 , sources said.
HBM chips are crucial components in developing advanced processors that can be used for generative AI work.
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