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AMD CEO says continues to explore foundry partnership with Samsung Electronics

AMD CEO says continues to explore foundry partnership with Samsung Electronics

- AMD AMD.O CEO ​Lisa Su said on Wednesday that the US chipmaker continues to explore partnership opportunities with Samsung Electronics 005930.KS 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 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.


(Reporting by Heekyong Yang and Hyunjoo Jin
Editing by Ed Davies)

((Heekyong.Yang@thomsonreuters.com;))

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