News Sharing
For sharing news, please enter the email address of you and the receiver, then press SEND button.*Mandatory Fields
Receiver*
Enter email addresses, separated by semicolon (;). E.g. a@a.com;b@b.com
Your email address*
Content Sharing
Samsung Electronics' Shr Price Logs 4-yr Low; Rumor: Supply of Sub-7nm AI Chips to CN Halted
Following TSMC (TSM.US)’s lead, South Korea's Samsung Electronics is rumored to have suspended supplying 7nm and sub-7nm AI chips to Chinese clients. Although Samsung dec...
Reset
Send
The window will close in 5 seconds
Samsung Electronics' Shr Price Logs 4-yr Low; Rumor: Supply of Sub-7nm AI Chips to CN Halted
Close
Recommend
9
Positive
11
Negative
21
 
 

Following TSMC (TSM.US)      ’s lead, South Korea's Samsung Electronics is rumored to have suspended supplying 7nm and sub-7nm AI chips to Chinese clients. Although Samsung declined to respond, the company has reportedly noticed its Chinese clients that it will stop OEM for the relevant AI chips.

In addition, BNK Investment & Securities analyst Lee Min-hee believed that the tariffs on Chinese imports that Donald Trump is likely to impose when he takes office as U.S. president could hit Samsung even harder, as it is more reliant on Chinese clients than its rival SK Hynix. In the meantime, SK Hynix has heightened its sales of high-end AI server chips to Nvidia (NVDA.US)      , a U.S. customer.

Related NewsPBOC Mounts RMB125.5B 7-day Reverse Repo Tdy
Samsung Electronics today (13th) closed at KRW50,600, down 4.5%, on the downswing for four consecutive trading days, and hit a four-year low; year-to-date cumulative decline was more than 35%.
(Real-time Streaming US Stocks Quote; Except All OTC quotes are at least 15 minutes delayed.)

AAStocks Financial News

Copyright(C) AASTOCKS.com Limited 2000. All rights reserved.
Disclaimer: AASTOCKS.com Ltd, HKEx Information Services Limited, its holding companies and/or any subsidiaries of such holding companies endeavour to ensure the accuracy and reliability of the Information provided but do not guarantee its accuracy or reliability and accept no liability (whether in tort or contract or otherwise) for any loss or damage arising from any inaccuracies or omissions.