In a recent announcement, Samsung Electronics revealed its contract manufacturing business plans to streamline the production of artificial intelligence (AI) chips by offering an all-in-one service. By combining their memory chip, foundry, and chip packaging services, Samsung aims to capitalize on the growing demand for AI technology.
This integrated approach has already proven successful, with the company reporting a 20% reduction in the time it takes to produce AI chips. Siyoung Choi, president and general manager of the foundry business, emphasized the importance of AI in today’s technological landscape during a Samsung event in San Jose, California.
According to Choi, Samsung anticipates a significant growth in global chip industry revenue, reaching $778 billion by 2028, largely driven by the demand for AI chips. Executive Vice President of Foundry Sales and Marketing Marco Chisari expressed confidence in the rising demand for AI chips, echoing sentiments shared by OpenAI CEO Sam Altman.
Altman’s ambitious plans to build dozens of new chip factories reflect the industry’s shift towards AI technology. Despite concerns in the past about potential conflicts of interest, Samsung believes its comprehensive approach to chip manufacturing will position the company as a leader in the AI sector.
In addition to their innovative gate all-around (GAA) chip architecture, Samsung plans to mass produce second-generation 3-nanometer chips using GAA technology later this year. The company also introduced a new 2-nanometer chipmaking process for high-performance computing chips, set for mass production in 2027.
As competitors like TSMC also explore GAA technology, Samsung’s early adoption and dedication to advancing chip performance underscore their commitment to staying ahead in the rapidly evolving AI market.