Samsung’s weaker than expected earnings underline investor concern that the company is falling further behind rival SK Hynix in the high-bandwidth memory chips used in AI hardware.

Samsung Electronics Co.’s shares rose after Nvidia Corp. founder Jensen Huang expressed confidence in the Korean company’s ability to resolve technical issues dogging its highest-end memory, offsetting disappointing quarterly results.

And Samsung has not been able to get its products certified by NVIDIA to date. And this is something that actually Samsung said they'd be able to achieve by the end of 2024. That clearly hasn't happened.