Nvidia’s Groq 3 LPX chip pushes Samsung foundry closer to profitability

Seoul [South Korea], August 26 (ANI): Nvidia’s Groq chip ramp brings Samsung foundry closer to profit, as the American semiconductor firm initiated mass production of its Groq 3 LPX inference accelerator with Samsung Electronics manufacturing the critical processors, according to a news report by the Korea Herald.

The development raised market expectations that the South Korean technology giant’s loss-making contract manufacturing unit could stage a financial turnaround as early as this year.