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Chinese firms stockpile high-end Samsung chips as they await new US curbs, say sources

Economic Times

Economic Times · 1y ago

Chinese firms stockpile high-end Samsung chips as they await new US curbs, say sources

Chinese tech companies, including Huawei and Baidu, are reportedly stockpiling high bandwidth memory (HBM) semiconductors from Samsung due to potential US export curbs. These firms have increased their purchases of HBM chips since early this year, making China account for around 30% of Samsung's HBM chip revenue in H1 2024. The move reflects China's desire to maintain its technology ambitions amid escalating trade tensions with the US and others, showing the impact of these tensions on the global semiconductor supply chain. The US is expected to introduce export restrictions on HBM chips as part of a new package.

Related News

Tencent says has Nvidia AI chip stockpile but seeking to buy domestic

Economic Times

Economic Times · 1y ago

Tencent says has Nvidia AI chip stockpile but seeking to buy domestic

Chinese technology giant Tencent Holdings is facing the impact of broadened US restrictions on high-end chip sales to China. Tencent has a stockpile of AI chips from US maker Nvidia, with enough chips to continue developing AI models for the near future. However, the new rules will affect Tencent's cloud services where they sell computing power to clients. The company will now have to seek domestically produced alternatives to overcome the chip ban and find ways to make their AI chip usage more efficient.

Mark Zuckerberg is sitting on a mountain of the hottest commodity in tech right now

Business Insider

Business Insider · 1y ago

Mark Zuckerberg is sitting on a mountain of the hottest commodity in tech right now

Meta, formerly known as Facebook, is set to accumulate a large stockpile of Nvidia's highly sought-after H100 chips, with over 340,000 chips expected by the end of 2024. Additionally, Meta estimates they will have a total stockpile of 600,000 GPUs, including Nvidia's A100s and other AI chips. This move positions Meta ahead in the race for AI superiority as companies clamor to get their hands on limited supplies of AI chips.

US pushes Vietnam to decouple from Chinese tech, sources say

Economic Times

Economic Times · 2m ago

US pushes Vietnam to decouple from Chinese tech, sources say

The United States is urging Vietnam to reduce reliance on Chinese technology in its manufacturing, especially for exports to the U.S. The aim is to decouple from Chinese high-tech, boosting Vietnam's industrial capacity. This follows discussions amidst threats of tariffs on Vietnam exports. Vietnam assembles products for major tech firms like Apple and Samsung, often using Chinese components. While Vietnam is willing, full restructuring faces challenges, needing time for development and potential economic impacts.

Alibaba Scraps Cloud Unit Spinoff, Citing Washington’s Chip Curbs

Livemint

Livemint · 1y ago

Alibaba Scraps Cloud Unit Spinoff, Citing Washington’s Chip Curbs

Alibaba has abandoned its plans to spin off and list its cloud computing division due to the impact of Washington's export controls on high-performance chips to China. The restrictions have the potential to significantly hinder the cloud business's ability to offer products and services and fulfill existing contracts. Additionally, Alibaba has put the initial public offering of its grocery arm, Freshippo, on hold due to weak market conditions. Falling stock prices, China's economic struggles, and geopolitical tensions have deterred foreign investors from Chinese IPOs. The US chip curbs are a result of concerns about advanced chips being used for cyber warfare, espionage, and military development, but they also play a crucial role in training AI models and operating data centers. Tencent Holdings has also expressed concerns that the restrictions will affect its business leasing AI chips through cloud services. The US sanctions are prompting Chinese tech companies to accelerate their research and develop cutting-edge AI without relying on American chips.

Nvidia plans China research centre as export curbs bite: Report

Economic Times

Economic Times · 3m ago

Nvidia plans China research centre as export curbs bite: Report

Nvidia is planning to establish a research and development center in Shanghai due to tighter US export restrictions impacting its Chinese sales. These restrictions prevent Nvidia from selling advanced AI chips to China, intensifying competition from local firms like Huawei. The proposed center will focus on understanding Chinese customer needs and adhering to export controls, while core design and production remain outside China. Nvidia maintains its commitment to the Chinese market and its US-China trade interaction.

Samsung reports major progress in supply deal for AI chips

Economic Times

Economic Times · 9m ago

Samsung reports major progress in supply deal for AI chips

Samsung Electronics reported progress in securing a major supply deal for AI chips, aiming to reassure investors after a slowdown in semiconductor profits. Despite a 12% decline in operating profit from the second quarter, Samsung saw strong demand for AI and server chips. However, its mobile chip business weakened due to inventory adjustments by customers, and increased competition from Chinese manufacturers. Samsung also lagged behind competitors in high-bandwidth memory chips but hopes to drive sales in the fourth quarter, potentially with a deal with Nvidia. The company plans to focus on high-bandwidth memory and high-density products to meet demand.

China commerce minister says he met Nvidia CEO in Beijing - The Economic Times

Economic Times

Economic Times · 1m ago

China commerce minister says he met Nvidia CEO in Beijing - The Economic Times

Nvidia CEO Jensen Huang recently visited Beijing and met with China's Commerce Minister Wang Wentao. Their discussions covered the growth of artificial intelligence and the increasing demand for advanced chips. During his visit, Huang also engaged with other Chinese officials and highlighted the country's high demand for its H20 AI chip, although exports await U.S. government approval. Nvidia announced plans for a new RTX Pro GPU chip designed for the Chinese market, compliant with U.S. export restrictions.

Samsung delays taking deliveries of ASML's chip gear for its new US factory, sources say

Economic Times

Economic Times · 10m ago

Samsung delays taking deliveries of ASML's chip gear for its new US factory, sources say

Samsung Electronics has reportedly postponed the delivery of ASML chipmaking equipment for its factory in Texas, as the company has yet to secure any major customers for the project. The delay in equipment delivery is a setback for Samsung's ambitions to expand into contract chip manufacturing and compete with Taiwan's TSMC. The move highlights the increasing gap between Samsung and its rivals, as competitors ramp up production to meet growing demand for high-end chips used in AI applications. ASML, the world's largest chipmaking equipment supplier, recently lowered its sales forecast due to market weakness, and did not disclose the clients who delayed equipment deliveries.

Samsung to use chip making tech favoured by SK Hynix as AI chip race heats up

Economic Times

Economic Times · 1y ago

Samsung to use chip making tech favoured by SK Hynix as AI chip race heats up

Samsung Electronics plans to adopt a chip-making technology pioneered by SK Hynix in an effort to catch up in the competitive race to produce high-end chips used in artificial intelligence. Samsung has fallen behind SK Hynix and Micron Technology in supplying latest high bandwidth memory (HBM) chips to AI chip leader Nvidia. Samsung's decision to stick with non-conductive film (NCF) chip-making technology has caused production issues, while SK Hynix's mass reflow molded underfill (MR-MUF) method has addressed these weaknesses. Samsung has now issued purchase orders for chipmaking equipment designed to handle the MR-MUF technique.

China's military and government acquire Nvidia chips despite US ban

Economic Times

Economic Times · 1y ago

China's military and government acquire Nvidia chips despite US ban

Chinese military bodies and state-run AI research institutes and universities have been purchasing banned Nvidia semiconductors from largely unknown Chinese suppliers, as revealed by a review of tender documents by Reuters. These purchases demonstrate the challenges faced by the US in completely cutting off China's access to advanced US chips. The banned chips include Nvidia's A100 and H100, which are crucial for AI and sophisticated computers used by the Chinese military. The high demand for these chips underscores the lack of viable alternatives for Chinese firms, despite efforts by Huawei and others.

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