Samsung Up 2.76% on Nvidia AI Chip Deal, Pressures Micron
REalloys’ Euclid, Ohio metallization plant targets 400 tonnes annual rare-earth output by 2027, which could ease magnet supply constraints for sectors including Micron's memory production. Nvidia picked Samsung to build its AI inference chips shipping in H2 2026, lifting Samsung’s stock 2.76% and intensifying competition with Micron in high-bandwidth memory.
1. REalloys Euclid, Ohio Metallization Plant
REalloys has restarted industrial-scale rare-earth metallization in Euclid, Ohio, aiming to produce 400 tonnes of high-purity metal annually by end-2027. This domestic capability addresses a long-standing bottleneck for permanent magnet supply, benefitting semiconductor manufacturers like Micron that rely on precision magnetic components.
2. Samsung Selected for Nvidia AI Chip Production
Nvidia confirmed that Samsung will manufacture its latest AI inference chips, slated to ship in the second half of 2026. Samsung’s stock jumped 2.76% on the announcement, underscoring its growing role in the advanced packaging and high-bandwidth memory required for next-generation AI accelerators.
3. Impact on Micron’s Competitive Position
Micron faces increased pressure in both magnet and memory supply chains as domestic rare-earth output scales and Samsung solidifies its advantage in AI chip partnerships. These developments could compel Micron to accelerate its own capacity expansion, pursue new strategic alliances, or secure government contracts to bolster its market share.