Posted 4/5/2024, 12:20:00 AM
Samsung Set to Gain as AI Fuels Memory Chip Demand
- Samsung poised to benefit from AI demand boosting memory chips like NAND and HBM
- Analysts raising targets for Samsung based on AI benefits and memory market rebound
- Fund managers shifting investments to Samsung to capitalize on expected stock bounce
- Samsung seen having more upside potential than SK Hynix and Nvidia after lagging rally
- SSD storage predicted to replace HDD in AI systems, benefiting Samsung's NAND business