Samsung will be launching in Paris, FranceUnpacked 2024 eventA few days ago, the company announced its financial results for the second quarter of fiscal year 2024, emphasizing that the increase in demand for artificial intelligence technology has driven the growth of its memory business, and the overall profit increased to 10.4 trillion won (about US$75.4 billion), a significant increase compared to about 6.7 trillion won in the same period last year, and higher than market expectations. It is also Samsung's highest overall profit performance since the third quarter of fiscal year 2022.
The reasons for Samsung's overall profit increase include rising memory product prices due to the increasing demand for the development of artificial intelligence technology applications. This includes HBM high-bandwidth memory products used in artificial intelligence server computing, memory modules used in many AI PCs and AI mobile phones, and even NAND flash memory for storage. There has been a significant increase in demand.
However, in the HBM high-bandwidth memory and SSD application product market competition, Samsung is still lagging behind SK Hynix and is also facing market competition pressure from Micron.
Prior to this, many market views continued to focus on whether Samsung could successfully enter the wave of artificial intelligence servers driven by NVIDIA. Currently, NVIDIA is mainly cooperating with SK Hynix to use its HBM high-bandwidth memory in the upcoming "Blackwell" GPU, and Micron also plans to cooperate with NVIDIA.In-depth cooperation, emphasizing that it has begun to invest in HBM3e high-bandwidth memory, which will combine its own design, process and packaging technology. At the same time, as NVIDIA willNext-generation display architecture "Rubin"Promoting new HBM4 products.
