Business · Markets · 2 hrs ago

Samsung Electro-Mechanics shares rise amid AI chip substrate growth

Samsung Electro-Mechanics shares rise amid AI chip substrate growth

Samsung Electro-Mechanics shares rose 4.05% in early trading on Oct.

22, according to the price reported at 9:11 a.m.

The South Korean company has a long-term AI chip substrate supply partnership with Nvidia worth trillions of won, the story says.

The deal relates to FC-BGA substrates, which are used in AI semiconductors.

The company is also targeting growth in high-value components for cars, including multilayer ceramic capacitors, or MLCCs.

Its business has traditionally focused more on mobile components, while AI servers and automotive electronics are now important growth areas.

Investors are watching whether higher component sales will improve profits, as well as whether the company can maintain supply partnerships through product quality checks and a broader supplier base.

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