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AMD CEO says continues to explore foundry partnership with Samsung Electronics

AMD CEO Lisa Su reiterated on Wednesday that the US chipmaker remains open to potential partnerships with Samsung Electronics in the memory and foundry sectors, despite ongoing constraints in the memory chip supply chain. Speaking during a visit to Seoul, Su highlighted that AMD is collaborating with clients to streamline their memory requirements to ensure continued support for growing computing needs.

During her visit, Su met with executives from SK Hynix and plans to engage with Samsung Electronics representatives. The AMD CEO expressed her support for memory suppliers to expedite production as much as feasible.

Su emphasized that the company is deeply dependent on the Korean supply chain, particularly Samsung and SK Hynix, to achieve their extensive goals in data centers. She noted that data center demand is still robust, with AMD receiving positive signals across its product range.

In March, AMD and Samsung Electronics signed a memorandum of understanding to broaden their strategic collaboration on memory chip supplies for artificial intelligence infrastructure. They also discussed possibilities for a foundry partnership at that time, which could involve Samsung providing contract chip manufacturing services for upcoming AMD products.

Written by urgent.news from Investing.com's reporting — not their text. Machine-written — may contain errors; check the original before relying on it.

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