Samsung and Nvidia Deepen AI Partnership, Shares Surge
Seoul, South Korea – March 17, 2026 – Samsung Electronics saw its shares climb as much as 5% today following news of an expanded partnership with Nvidia, focusing on the manufacturing of Nvidia’s new artificial intelligence chips. This collaboration signals a potential turnaround for Samsung’s foundry division, which has faced financial challenges in recent years.
Strategic AI Collaboration
Nvidia CEO Jensen Huang announced that Samsung is currently manufacturing Nvidia’s new AI chips, specifically the Groq LP30 chip, during the GTC developer conference in California on Monday. Huang stated, “I want to thank Samsung who manufactures the Groq LP30 chip for us and they’re cranking as hard as they can,” adding that the chips are in production and scheduled for shipment in the second half of 2026. Channel NewsAsia
HBM4 and HBM4E Advancements
Samsung is showcasing its latest advancements in High Bandwidth Memory (HBM) technology at Nvidia’s GTC 2026, including the industry-first commercial HBM4 and its successor, HBM4E. Samsung Newsroom. The HBM4, already in mass production, is designed for the Nvidia Vera Rubin platform and delivers processing speeds of 11.7 gigabits-per-second (Gbps), exceeding the industry standard of 8Gbps, with potential for enhancement to 13Gbps. The next-generation HBM4E promises even greater performance, delivering 16Gbps per pin and 4.0 terabytes-per-second (TB/s) bandwidth.
AI Factory Initiative
This deepened partnership builds upon a 25-year collaboration between Samsung and Nvidia, extending their semiconductor cooperation from HBM and custom solutions to foundry services for manufacturing, AI, and robotics. Nvidia Investor Relations. The companies are jointly building an AI Factory equipped with 50,000 Nvidia GPUs to accelerate agentic and physical AI applications for advanced chip manufacturing, mobile devices, and robotics.
Market Impact
The news of the strengthened Nvidia-Samsung relationship has positively impacted Samsung’s stock price, rising 4.3% to 196,800 won as of 0252 GMT. Channel NewsAsia. Analysts believe this collaboration could lead to a turnaround for Samsung’s foundry division, which has experienced billions of dollars in annual losses in recent years.
Global Market Overview
The developments with Samsung and Nvidia occur alongside broader market trends. The Reserve Bank of Australia (RBA) raised interest rates to 4.1% amid persistent inflation risks, while oil prices have increased due to tensions in the Strait of Hormuz and supply concerns. Invezz