TECH - AI Boom Puts Nvidia Suppliers SK Hynix Samsung In Spotlight: Experts Discuss Best South Korean Chipmaker Investment | Benzinga
The ongoing artificial intelligence boom has put two South Korean chipmakers, Samsung Electronics Co (OTC:SSNLF) and SK Hynix, in the spotlight. Industry experts are now discussing which company is the better investment in this AI-driven market.
What Happened: The AI boom has significantly benefitted major tech companies like NVIDIA Corp (NASDAQ:NVDA). This has also brought attention to the supply chain for AI, especially the producers of AI graphics processing units and memory chips, reported CNBC on Sunday.
Both Samsung and SK Hynix have been at the forefront of the memory chip market. Samsung, the world’s leading DRAM chip manufacturer, recently reported a more than 900% increase in first-quarter operating profit. On the other hand, SK Hynix, after five consecutive quarters of net losses, recorded a net profit of 1.92 trillion South Korean won ($1.39 billion) in the first quarter.
When it comes to better AI investment, experts are divided. Trent Masters, global portfolio manager at Alphinity Investment Management, favors SK Hynix due to ...