AMD CEO to meet Samsung chief in South Korea amid race for AI memory chips, paper says

SEOUL, March 11 (Reuters) - ‌Advanced Micro ​Devices' ​CEO Lisa Su will meet Samsung Electronics Chairman Jay Y. Lee in South Korea ‌next week to discuss cooperation on securing ⁠supplies of high-bandwidth memory used in artificial intelligence chipsets, the ‌Maeil Business Newspaper said.

Su ‌is set to visit South Korea on March 18 and plans to meet key partners such ​as Lee and Naver's CEO Choi Soo-yeon, the paper said on Wednesday, citing unnamed industry ⁠sources.

Naver said a meeting between CEO Choi and AMD was scheduled, but ​declined to disclose the specific agenda.

Samsung Electronics declined to comment.

Su's meeting with Lee comes ​as demand surges for memory ‌chips, including HBM, DRAM and NAND, with the technology used by AMD, Nvidia ⁠and other big tech firms in the race to build data centres and power AI systems.

Su is ⁠also expected to discuss broader cooperation with Naver, the country's largest ​internet portal and search engine provider.

These areas include expanding semiconductor supplies for data centres, building sovereign AI infrastructure and ‌collaborating on next-generation computing technologies, the paper said.

Her visit is expected to coincide ‌with the week of Nvidia's annual developer conference, ⁠GTC, which runs from ‌March 16 to ​19 in the California city of San Jose.

(Reporting by Heekyong Yang; Editing by Clarence ‌Fernandez)

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