Samsung Shares Reverse Drop After Executive Touts HBM4 Advantage

Samsung Electronics Co. is back at the top of the memory industry with its new HBM4 technology, President and chip division Chief Technology Officer Jaihyuk Song said on Wednesday, erasing a drop in the company’s shares.

The uncharacteristically strong expression of confidence came on the sidelines of the Semicon Korea conference in Seoul, where Song served as a keynote speaker. His comments followed an earlier endorsement of a “Samsung is back” message by one of the electronics giant’s top executives in January, bolstering expectations that Samsung’s next generation of high bandwidth memory will be embraced by leading AI chipmaker Nvidia Corp. The company is set to begin mass production of HBM4 this month, with Nvidia expected to be the first customer.