Samsung soars more than 5% after report of Nvidia interest in its next-gen chips

Samsung’s stock saw its largest percentage jump since September on Wednesday. The increase followed Nvidia’s announcement that Samsung’s high bandwidth memory chips were in the qualifying stage for use in Nvidia’s graphics processing units. The news comes after SK Hynix revealed that it was set to deliver its high-bandwidth memory chips to customers, with Nvidia being its first client. SK Hynix’s shares dropped by 3.56% as a result.