Advanced Micro Devices CEO Reportedly Seeks Samsung Partnership, Meets Korean Executives
MT newswire2026/10/07 08:3704:37 AM EDT, 10/07/2026 (MT Newswires) -- Advanced Micro Devices (AMD) is pursuing a collaboration with Samsung Electronics in memory and chip manufacturing, multiple outlets reported Wednesday, citing Chief Executive Lisa Su and an unnamed person familiar with the matter. Su reportedly held talks with SK Hynix (SKHY) leadership and scheduled a meeting with Samsung semiconductor head Jun Young-hyun during a trip to South Korea, the reports said. The company depends heavily on South Korean suppliers to reach its data center targets and is encouraging manufacturers to improve output, Reuters quoted Su as saying. AMD, Samsung Electronics, and SK Hynix did not immediately respond to MT Newswires' request for comment.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pendle Bridge integrates with BungeeExchange, supporting cross-chain transfers across 13 networks

Barclays significantly increased holdings in Tesla (TSLA.US) and Intel (INTC.US) in Q3, and bought Nasdaq ETF options for hedging
According to disclosures by the U.S. Securities and Exchange Commission (SEC), Barclays has submitted its third-quarter holdings report (13F) as of September 30, 2026.

SNT Holdings, Related Party Raise Combined Stake in SNTEnergy to 55.75% From 52.75%
Cold wave and rising fuel costs drive electricity prices in northeastern Japan and Tokyo to a four-year high
Japan's spot electricity prices surged to multi-year highs over the weekend.
