AMD CEO says continues to explore foundry partnership with Samsung Electronics
8 hours ago
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SEOUL, Oct 7 (Reuters) – AMD (AMD.O), opens new tab CEO Lisa Su said on Wednesday that the US chipmaker continues to explore partnership opportunities with Samsung Electronics (005930.KS), opens new tab in the memory and foundry businesses.
- In response to tight memory chip supply, Su said AMD is “working with our customers to optimise their memory footprint so that we can satisfy more computing going forward.”
- Speaking to reporters during a visit to Seoul, Su said she had met with executives at SK Hynix (000660.KS), opens new tab and was going to meet with executives from Samsung Electronics.
- Su said she encourages memory suppliers to “build faster, as fast as possible.”
- “I think we very much rely on the Korean supply chain,” Su said, adding that Samsung and SK Hynix are “key for us to accomplish our broad ambition in data centres.”
- Su said overall data centre demand remained very strong, with AMD seeing strong demand signals across its product portfolio.
- In March, AMD and Samsung Electronics signed a memorandum of understanding to expand their strategic partnership on memory chip supplies for artificial intelligence infrastructure.
- The companies said at the time they would also discuss opportunities for a foundry partnership, under which Samsung could provide contract chip manufacturing services for next-generation AMD products.
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