South Korean Chipmakers to Supply OpenAI’s Stargate | Bloomberg Tech 10/1/2025
South Korean tech giants Samsung and SK Hynix have reached preliminary agreements to supply chips and other equipment to OpenAI's Stargate data center project. This development underscores the growing demand for high-performance computing power to support the development of advanced AI systems. In a separate segment, Matt Witheiler, the Head of Late-Stage Growth at Wellington Management, discusses the opportunities presented by the trend of tech companies remaining private for longer periods. This shift in the market landscape has created new investment avenues for institutional investors. Additionally, the article mentions that major tech firms, including Google, Amazon, and Peloton, have unveiled new AI-powered devices, reflecting the continued integration of artificial intelligence into consumer electronics and services.
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