Samsung Electronics announced it has signed a Memorandum of Understanding (MOU) with AMD to expand their strategic collaboration on next-generation AI memory and computing technologies. The signing ceremony was held at Samsung’s most advanced chip manufacturing complex in Pyeongtaek, Korea, attended by Dr. Lisa Su, Chair and CEO of AMD, and Young Hyun Jun, Vice Chairman & CEO of Samsung Electronic...
Samsung Electronics announced it has signed a Memorandum of Understanding (MOU) with AMD to expand their strategic collaboration on next-generation AI memory and computing technologies. The signing ceremony was held at Samsung’s most advanced chip manufacturing complex in Pyeongtaek, Korea, attended by Dr. Lisa Su, Chair and CEO of AMD, and Young Hyun Jun, Vice Chairman & CEO of Samsung Electronics. Under the MOU, Samsung and AMD will align on primary HBM4 supply for the next-generation AMD AI accelerator, the AMD Instinct MI455X GPU, as well as advanced DRAM solutions for 6th Gen AMD EPYC CPUs, codenamed “Venice.” These technologies will support next-generation AI systems combining AMD Instinct GPUs, AMD EPYC CPUs and rack-scale architectures such as the AMD Helios platform. Samsung and AMD are closely collaborating on advanced memory technologies for AI and data center workloads. As memory bandwidth and power efficiency become increasingly critical to system-level performance, this collaboration will help deliver more optimized AI infrastructure for customers. An industry-first to enter mass production, Samsung’s HBM4 is built on its most advanced 6th-generation 10-nanometer (nm)-class DRAM process (1c) and a 4nm logic base die, featuring processing speeds of up to 13 gigabits-per-second (Gbps) and maximum 3.3 terabytes-per-second (TB/s) bandwidth that exceeds industry standards. Powered by Samsung HBM4’s industry-leading performance, reliability and energy efficiency, the AMD Instinct MI455X GPU is expected to be the optimum solution for high-performance systems handling AI model training and inference. The MI455X GPU will serve as a key building block for the AMD Helios rack-scale architecture, designed to deliver the performance and scalability required for next-generation AI infrastructure. As part of their collaboration, Samsung and AMD will also work together on high-performance DDR5 memory optimized for the 6th Gen AMD EPYC CPUs. The companies aim to delive...
veeranggull orachon/iStock via Getty Images Introduction The last time I covered Centerra Gold ( CGAU ), I called them "One Of The Best Opportunities In Gold," highlighting their strong financials, debt-free balance sheet, and growth opportunities despite near-term headwinds from the declining Turkish mine. Although the stock is up ~164% since first rating them a Strong Buy back in July, following...
veeranggull orachon/iStock via Getty Images Introduction The last time I covered Centerra Gold ( CGAU ), I called them "One Of The Best Opportunities In Gold," highlighting their strong financials, debt-free balance sheet, and growth opportunities despite near-term headwinds from the declining Turkish mine. Although the stock is up ~164% since first rating them a Strong Buy back in July, following a solid quarter and a continued pivot away from their Turkish operations into North America, CGAU remains a Strong Buy, with a valuation that still implies a significant discount, as the market may likely need them to prove more before a repricing. Fundamentals Centerra Gold IR CGAU reported a strong quarter recently, reaching a solid $95 million FCF in 2025 despite the significant jump in CAPEX, helped significantly by the higher gold prices, being slightly above my previous estimates. This is a big drop from the ~368,000 ounces seen in 2024, but it comes as an expectable result of the falling production at their Turkish mine that is approaching its end, as mentioned in more detail in previous coverage. Centerra Gold IR As they highlight, the company has been able to improve their long-term significantly, with a new focus on gold and copper especially across North America, with potential value drivers such as exploration (~$40 million to $50 million in 2026) alongside Thompson Creek advancing (~27% of infrastructure refurbishment is complete), and other investments that are expected to be self-funded, while Öksüt mine's production is expected to drop significantly starting in 2029, lowering their exposure to Turkey even more. They also announced the preliminary economic assessment of their Kemess gold-copper brownfield project in British Columbia, expected to have a strong 15-year life of mine starting in 2031, adding yet another solid brick to their long-term North American foundation. As a result, BMO upgraded them, highlighting their pivot to growth as they work on rep...