OpenAI’s Altman meets Samsung executives as chip crunch deepens
3 hours ago
1 min read
The meeting comes as shortages in a broad array of memory products strain the global electronics industry and send chip prices soaring. Demand from data-center operators is intensifying competition for supplies, with the five biggest players in the AI infrastructure race planning to spend more than $3 trillion in the coming years. Memory accounts for roughly a third of data-center spending.
Altman is the latest American tech leader to visit South Korea, the leader in advanced memory chips and a country where AI adoption is accelerating among businesses and consumers.
Nvidia Corp. CEO Jensen Huang and Advanced Micro Devices Inc.’s Lisa Su both visited twice since last year to strengthen supply-chain ties.
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