Samsung Electronics is a leading supplier of system memory. However, it would like to supply High Bandwidth Memory to Nvidia for the biggest profits, but it is losing the competitive battle in this area. Due to the lack of demand for memory for AI chips, the South Korean company’s profits fell by 39 percent this quarter.
US AI chip developer Groq has opened its first European data center in Helsinki, Finland. This marks a step forward in the company’s international expansion. It also responds to the growing demand for fast and scalable AI inferencing in Europe.