Samsung warns of slow AI chip sales in first quarter on US restrictions

By Joyce Lee and Hyunjoo Jin

SEOUL (Reuters) – Samsung Electronics on Friday warned of sluggish sales of its artificial intelligence chips in the current quarter due to U.S. export restrictions to China, and as it worked towards launching an improved version of its high-end chips.

Advanced chips used for AI have been the bright spot in the weak memory chip market, but rival SK Hynix is Nvidia’s main supplier of high-bandwidth memory (HBM) chips used in AI graphics processing units,…