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Euronews
Euronews
Una Hajdari

OpenAI’s Stargate locks in Korean chipmakers, boosting shares

Two of South Korea’s biggest technology firms saw their shares jump in Seoul trading on Thursday after OpenAI announced it would enlist the country’s tech memory champions to supply its colossal 'Stargate' data-centre project.

Shares of SK Hynix surged around 10% and Samsung Electronics climbed over 3% after news broke that both Korean giants had secured a role in supplying high-bandwidth memory (HBM) for the Stargate supercomputer project.

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