FMP

FMP

Enter

Samsung Scores Cutting-Edge AI Chip Order from Japan's Preferred Networks

-

twitterlinkedinfacebook
blog post cover photo

Image credit: Daniel Romero

In a win for its chipmaking division, Samsung Electronics announced it secured a cutting-edge AI chip order from Japan's Preferred Networks (PFN). This deal marks the first revealed customer for Samsung's advanced 2-nanometer (nm) foundry process technology.

Details of the Deal

While specific order details remain undisclosed, the chips will be manufactured using Samsung's latest Gate-All-Around (GAA) architecture, known for enhanced performance and power efficiency. Additionally, the solution will integrate multiple chips into a single package to boost interconnection speeds and minimize size. South Korea's Gaonchips Co. designed the chips specifically for PFN's high-performance computing hardware used in generative AI technologies, such as large language models.

Implications for Samsung

This order signifies a significant validation for Samsung's 2nm GAA process and advanced packaging technology. It positions Samsung as a strong competitor in the race for next-generation AI chip manufacturing. Furthermore, the deal opens doors for Samsung to attract more clients seeking cutting-edge AI chip solutions.

The Future of AI Chip Development

The demand for powerful and efficient AI chips is rapidly growing as applications like generative AI and supercomputing gain traction. This deal highlights the intensifying competition between chipmakers like Samsung and TSMC to develop the most advanced solutions for this burgeoning market.

Uncover Sector Performance Trends & Make Smarter Investment Decisions

The FMP Sector Historical API can be a valuable tool during times of market uncertainty. This API provides comprehensive historical data on the performance of various sectors within the S&P 500. By analyzing historical trends, you can:

  • Identify sectors that have historically performed well during corrections.
  • Gain insights into potential future sector performance based on past patterns.

Explore the FMP Sector Historical API documentation today to unlock a wealth of market intelligence: FMP Sector Historical API Documentation.

Other Blogs

May 14, 2024 11:41 AM - Sanzhi Kobzhan

The easiest way to calculate stock’s target price and why the target price is important.

A stock's target price, also known as its fair value, is an indication of what a share can cost based on the company’s forecasted financial statements. It is important to know a stock's fair value to find undervalued stocks with great growth potential. Let's consider how investment analysts calculat...

blog post title

May 16, 2024 8:06 PM - Gordon Thompson

Deutsche Bank Upgrades AST SpaceMobile to Buy Amid Legal Challenges

On Thursday, May 16, 2024, Deutsche Bank upgraded its rating on NASDAQ:ASTS to Buy, maintaining a hold position. At the time of the announcement, ASTS was trading at $4.03. This decision was accompanied by an increase in the price target for AST SpaceMobile, raised to $22 from $19, as detailed in a ...

blog post title

May 24, 2024 9:30 AM - Rajnish Katharotiya

How to Access and Analyze Earnings Call Transcripts

Earnings call transcripts are invaluable resources for investors, analysts, and financial enthusiasts. They provide insights into a company's performance, strategy, and future outlook, making them essential for making informed investment decisions. With Financial Modeling Prep, Earnings Call Transcr...

blog post title
FMP

FMP

Financial Modeling Prep API provides real time stock price, company financial statements, major index prices, stock historical data, forex real time rate and cryptocurrencies. Financial Modeling Prep stock price API is in real time, the company reports can be found in quarter or annual format, and goes back 30 years in history.
twitterlinkedinfacebookinstagram
2017-2024 © Financial Modeling Prep