Citrini's View: Samsung is the top pick among the three major memory manufacturers, poised to capture excess demand for NVHBM.

October 18 - Citrini analyst Jukan stated that among the three major memory manufacturers, he is most optimistic about Samsung Electronics. As TSMC still needs to allocate wafer capacity for Nvidia's Rubin and Rubin Ultra, it is difficult for TSMC to undertake a large number of NVHBM orders. Only Samsung, with its own foundry capabilities, can meet the excess demand for NVHBM.

South Korean media previously reported that at Nvidia's request, Samsung has decided to use TSMC's 3nm process to produce NVHBM base dies. Samsung has not completely ruled out its own foundry and is verifying whether it can produce base dies in-house when NVHBM demand exceeds TSMC's capacity.