Samsung Electronics (005930 KS) chip division head says memory chip market is seeing an unprecedented supercycle, while Co. will produce Tesla (TSLA) chips in late 2027
Newsquawk Staff ·
Says
- Power supply could become a bottleneck for AI growth.
What it means
Samsung's chip division anticipates an unprecedented supercycle in the memory chip market, suggesting strong demand that could significantly impact pricing and supply dynamics. Additionally, the mention of producing chips for Tesla by 2027 indicates a strategic partnership that could enhance Samsung's position in both the automotive and AI markets. This could imply future volatility in related stocks as both companies navigate their roles in an increasingly tech-driven economy.
- Major US technology company selects Baker Hughes’ (BKR) power generation and cooling solutions to scale high-density AI compute
- Meta (META) AI director Rohit Patel leaves to take on Microsoft (MSFT) Office and Google (GOOGL) Workspace, reports TechCrunch
- AMD (AMD) and Meta (META) collaborate across CPUs, GPUs, networking, systems and software to power Meta services and AI infrastructure; AMD will invest USD 1bln in Meta's equity offering
- Apple (AAPL) introduces new 14-inch Macbook Pro with M6 chip, starts at USD 1,999; also introduces iMac with M6 chip delivering a major boost in performance and AI capabilities
- ServiceNow (NOW) and Google (GOOGL) Cloud advance agentic Ai for industry workflows
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