Advertisement
Canada markets open in 4 hours 34 minutes
  • S&P/TSX

    22,690.39
    -36.41 (-0.16%)
     
  • S&P 500

    5,505.00
    -39.59 (-0.71%)
     
  • DOW

    40,287.53
    -377.47 (-0.93%)
     
  • CAD/USD

    0.7278
    -0.0004 (-0.05%)
     
  • CRUDE OIL

    80.40
    +0.27 (+0.34%)
     
  • Bitcoin CAD

    92,219.86
    +397.95 (+0.43%)
     
  • CMC Crypto 200

    1,384.98
    -20.35 (-1.45%)
     
  • GOLD FUTURES

    2,403.30
    +4.20 (+0.18%)
     
  • RUSSELL 2000

    2,184.35
    -13.94 (-0.63%)
     
  • 10-Yr Bond

    4.2390
    +0.0500 (+1.19%)
     
  • NASDAQ futures

    19,832.50
    +119.50 (+0.61%)
     
  • VOLATILITY

    16.52
    0.00 (0.00%)
     
  • FTSE

    8,200.47
    +44.75 (+0.55%)
     
  • NIKKEI 225

    39,599.00
    -464.79 (-1.16%)
     
  • CAD/EUR

    0.6682
    -0.0008 (-0.12%)
     

Samsung Electronics wins cutting-edge AI chip order from Japan's Preferred Networks

The logo of Samsung is seen on the top of a Brussels' office of the company in Diegem

SEOUL (Reuters) - Samsung Electronics said on Tuesday it won an order from Japanese artificial intelligence company Preferred Networks to make chips for AI applications using the South Korean firm's 2-nanometre foundry process and advanced chip packaging service.

It is the first order Samsung has revealed for its cutting-edge 2-nanometre chip contract manufacturing process. Samsung did not elaborate on the size of the order.

The chips will be made using high-tech chip architecture known as gate all-around (GAA) and multiple chips will be integrated in one package to enhance inter-connection speed and reduce size, Samsung said in a statement.

South Korea's Gaonchips Co designed the chips, Samsung said.

ADVERTISEMENT

The chips will go toward Preferred Networks' high-performance computing hardware for generative AI technologies such as large language models, Junichiro Makino, Preferred Networks vice president and chief technology officer of computing architecture, said in the statement.

(Reporting by Joyce Lee; Editing by Christopher Cushing)