South Korea’s semiconductor industry is strong and plays an indispensable role in the global AI supply chain. According to foreign media reports, OpenAI had a good meeting with Samsung Electronics and SK Hynix, and signed a letter of intent for coop...
South Korea’s semiconductor industry is strong and plays an indispensable role in the global AI supply chain. According to foreign media reports, OpenAI had a good meeting with Samsung Electronics and SK Hynix, and signed a letter of intent for cooperation. In the future, it will purchase DRAM chips on a large scale to build the "Stargate" AI infrastructure, which has inspired the stock prices of Samsung and SK Hynix to soar.
Reuters and other foreign media reported that OpenAI CEO Sam Altman visited Seoul, South Korea on October 1 and met with President Lee Jae-myung and senior executives of Samsung and SK Hynix to discuss AI chip cooperation. OpenAI announced after the meeting that it had formally signed a letter of intent for cooperation with Samsung and SK Hynix, planning to expand DRAM production capacity, which is expected to reach 900,000 wafers per month in 2029, to be supplied to the Stargate AI data center.
In addition, OpenAI plans to establish a joint venture with Samsung and SK Hynix to build two large-scale data centers in South Korea with an initial scale of 20GW to jointly promote the "Korean version of Stargate", which also makes investors ecstatic.
Naver quotations, South Korea's largest portal website, show that as of 9 a.m. on October 2, Taipei time, SK Hynix's stock price soared 11.81% to 402,500 won, a new high since 2000; Samsung Electronics rose 4.53% to 89,900 won, a new high since January 2021.
Further reading: OpenAI CEO Atman visits South Korea and will meet with President Lee Jae-myung With monthly memory demand of 900,000 wafers, Samsung and SK Hynix enter the OpenAI Stargate ecosystem OpenAI Ultraman secretly visited TSMC and Hon Hai to "solidify the stakes" for the AI computing power war
