Data-Wave

AMD CEO to meet Samsung chief in South Korea amid race for AI memory chips, paper says

AMD CEO to meet Samsung chief in South Korea amid race for AI memory chips, paper says

SEOUL, March 11 (Reuters) - Advanced Micro Devices' (AMD.O), opens new tab CEO Lisa Su will meet Samsung Electronics (005930.KS), opens new tab Chairman Jay Y. Lee ​in South Korea next week to discuss ‌cooperation on securing supplies of high-bandwidth memory used in artificial intelligence chipsets, the Maeil Business Newspaper said.

Su is set ​to visit South Korea on March 18 ​and plans to meet key partners such as ⁠Lee and Naver's (035420.KS), opens new tab CEO Choi Soo-yeon, the paper ​said on Wednesday, citing unnamed industry sources.

Naver said ​a meeting between CEO Choi and AMD was scheduled, but declined to disclose the specific agenda.

Samsung Electronics declined to comment.

Su's ​meeting with Lee comes as demand surges for ​memory chips, including HBM, DRAM and NAND, with the technology ‌used ⁠by AMD, Nvidia (NVDA.O), opens new tab and other big tech firms in the race to build data centres and power AI systems.

Su is also expected to discuss broader ​cooperation with ​Naver, the ⁠country's largest internet portal and search engine provider.

These areas include expanding semiconductor supplies ​for data centres, building sovereign AI infrastructure ​and ⁠collaborating on next-generation computing technologies, the paper said. (Reuters, 2026-03-11)