Market Chatter: Samsung Electronics in Talks to Manufacture Google's Next-Gen AI Chips; Samsung Shares Jump 12%

MT Newswires Live
06/12

Samsung Electronics (KRX:005930) is currently in discussions with Alphabet's Google to manufacture a part of its ​next-generation artificial intelligence (AI) processor, Reuters reported Thursday, citing people familiar with the matter.

Google plans to have Taiwan Semiconductor Manufacturing Company (TPE:2330) manufacture the primary compute chip for its next-generation tensor processing unit, called Icefish, while Samsung Electronics may manufacture a memory interface component using its 2-nanometer process technology, the report said.

Icefish is being developed in collaboration with MediaTek at present, with mass production possibly commencing in 2028, it said.

Google and Samsung did not immediately reply to requests for comment from MT Newswires.

Shares of Samsung Electronics jumped nearly 12% in recent trade, while those of TSMC added over 2%.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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