Samsung ships next-gen AI chips and LG surges 24% on Google car tech — ride the AI hardware wave
Samsung just started shipping its next-generation AI memory chips to customers, sending its stock up 6%. Meanwhile, LG Electronics surged 24% after unveiling new car technology built with Google. Both moves show the AI boom is expanding beyond software into hardware and automotive tech.
Idea
Samsung just shipped its most advanced AI memory chips (HBM4E), which are the critical building blocks for the next wave of AI data centers. When the world's biggest memory maker starts delivering a new generation of chips, every company building AI infrastructure needs to buy them — and the companies designing the processors that use them benefit too. LG's 24% surge on Google-powered car tech shows the AI boom is spreading into new industries like autos, which means even more demand for chips. U.S.-listed AI chip leaders like Nvidia, AMD, and Micron stand to benefit directly from this next phase of spending. The S&P 500 is also hitting all-time highs, so the broad market is supporting risk-on bets in tech.