Samsung, SK Hynix to supply memory chips to OpenAI's Stargate project
01/10/2025 10:57
SEOUL, Oct 1 (Reuters) - Samsung Electronics 005930.KS and SK Hynix 000660.KS have signed letters of intent to supply memory chips for OpenAI's data centers, they said on Wednesday, as South Korean chipmakers join forces with the ChatGPT maker to meet rising demand from its Stargate project. The announcements were made on Wednesday after OpenAI CEO Sam Altman met South Korean President Lee Jae Myung and the chairmen of Samsung Electronics and SK Hynix at the presidential office in central Seoul. (Reporting by Heekyong Yang and Hyunjoo Jin. Editing by Mark Potter and Jan Harvey) ((Heekyong.Yang@thomsonreuters.com;))
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