April 29, 2024 11:47 p.m. | 2 minutes of reading |
Crypto whales are charging – are you?
New research shows that the biggest buyers of crypto are back. And this time? They could be looking at the possibility of Bitcoin surpassing $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To find out exactly what’s happening and what to buy… Go to according to information from Benzinga. Best crypto research and investments for just $1.
Samsung Electronics Co., Ltd..(OTC: SSNLF) said it plans to mass produce the pioneering 5th generation HBM3E chip in the second quarter. This follows a successful first quarter, during which the company invested $82.07 billion (KRW 11.3 trillion).
What happened: Samsung’s investment in facilities in the first quarter totaled KRW 11.3 trillion. Of this amount, semiconductors and displays accounted for KRW 9.7 trillion and KRW 1.1 trillion, respectively, reported Chosun, a Korean portal. The company also revealed plans to mass produce its 5th generation HBM3E chip in the second quarter. This chip is an industry first, capable of DRAM chip stacking up to 12 layers.
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In February, Samsung announced the successful development of HBM3E, which provides more advantages for expanding the capacity of AI semiconductors than the existing 8-layer HBM3E. This is mainly because increasing the DRAM capacity of AI semiconductors improves learning efficiency.
There is a high level of anticipation for Nvidia’s offering, especially after Nvidia(NASDAQ:NVDA) CEO Jensen Huang left its “Jensen Approved” signature on Samsung’s HBM3E product last month. However, the mass-produced product in the second quarter is expected to be installed on AMD’s new AI accelerator, “Instinct MI350”.
Why is this important: With growing demand for AI semiconductors, Samsung’s plans to increase supply and expand HBM’s production capacity are timely. The Company aims to maximize the production capacity of the industry’s first developed 12-layer HBM3E product, as demand for high-capacity products continues to increase.
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Crypto whales are charging – are you?
New research shows that the biggest buyers of crypto are back. And this time? They could be looking at the possibility of Bitcoin surpassing $100,000 in 2024. You don’t want to miss the next massive crypto bull run like we saw in 2020 and 2021. To find out exactly what’s happening and what to buy… Go to according to information from Benzinga. Best crypto research and investments for just $1.
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