# Samsung Misses AI Boom, Loses $126 Billion in Market Value 😞

**URL:** <https://onehack.st/t/samsung-misses-ai-boom-loses-126-billion-in-market-value/295506>\
**Category:** News & Articles\
**Tags:** business, technology\
**Created:** [November 10, 2024, 6:08pm UTC](https://onehack.st/t/samsung-misses-ai-boom-loses-126-billion-in-market-value/295506 "2024-11-10T18:08:52Z")\
**Posts on this page:** 1\
**Page:** 1

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**Author:** ![TheJoker](https://onehack.st/user_avatar/onehack.st/thejoker/32/22660_2.png) [@TheJoker](https://onehack.st/u/TheJoker)\
**Post date:** [November 10, 2024, 6:08pm UTC](https://onehack.st/t/samsung-misses-ai-boom-loses-126-billion-in-market-value/295506/1 "2024-11-10T18:08:53Z")

</div>

**Summary:**

1. **Profit Decline**  
**Samsung** has seen a significant **$126 billion** loss in market value, with profits plunging due to missed opportunities in the **AI boom**.

2. **Failure to Invest in HBM**  
While **Nvidia** and **SK Hynix** capitalized on the rising demand for **HBM (high-bandwidth memory)** chips for AI training, Samsung failed to invest in this technology.

3. **SK Hynix’s Success**  
**SK Hynix** moved quickly to develop HBM chips and formed a strong partnership with **Nvidia** , driving its record-breaking profit growth.

4. **Samsung’s Struggles**  
Samsung has lagged behind competitors in HBM development and has yet to complete the **Nvidia qualification process** for HBM suppliers, limiting its ability to compete in the AI space.

5. **Future Hopes**  
Analysts believe that a successful qualification from **Nvidia** could help **Samsung** recover and regain its position in the market.

**Read more at:** [CNBC](https://www.cnbc.com/2024/11/08/how-samsung-fell-behind-in-the-ai-boom-behind-rival-sk-hynix.html)