Samsung Electronics is set to begin production of its HBM4 chips next month, supplying them to Nvidia. This move aims to catch up with rival SK Hynix, a key supplier for Nvidia’s AI accelerators. Samsung’s shares rose 2.2%, while Hynix’s fell 2.9% in morning trade. Specific details on chip supply remain undisclosed.

Samsung has reportedly passed HBM4 qualification tests for Nvidia and AMD, gearing up to ship to Nvidia in February. Meanwhile, SK Hynix has already finalized HBM supply agreements for next year and plans to start production at a new fab in South Korea. Both Samsung and Hynix will reveal more during their Q4 earnings announcements.

Nvidia’s CEO confirmed the Vera Rubin platform is in full production, set to launch later this year with HBM4 chips. The competition between Samsung and SK Hynix in the advanced memory chip market is heating up, with both companies vying for a larger share of the lucrative AI accelerator market.

Read more at Yahoo Finance: Samsung to start production of HBM4 chips next month for Nvidia supply, source says