According to the Zhitong Finance APP, NVIDIA (NVDA.US) co-founder and CEO Jensen Huang said that Samsung Electronics (Samsung Electronics Co.) faced challenges in producing a new type of Memory Chip for AI systems, but he is confident that this partner company will overcome these difficulties.

The latest High Bandwidth Memory (HBM) is an important component of new AI systems that use NVIDIA chips. In producing HBM that meets NVIDIA standards, Samsung has been lagging behind competitors such as SK Hynix, and Jensen Huang acknowledged these challenges during a press conference at the International Consumer Electronics Show (CES) held in Las Vegas on Tuesday.

At the press conference, Jensen Huang said, "They need to design a new design. But they can do it, they work very quickly, and they are very committed to doing this."

Samsung is the largest Memory Chip manufacturer in the Global market, but is trailing behind competitors in the lucrative AI sector. These challenges have put pressure on the company's latest quarterly results released on Wednesday morning, which fell well short of Analyst expectations.

In the past two years, the sales of AI computing systems supported by NVIDIA have exploded. NVIDIA chips are at the core of these machines, which create AI models by inputting vast amounts of data into Software. Memory Chips provide information to the processors, thus becoming key to running.

Samsung has been struggling to overcome numerous obstacles. The company is attempting to improve the speed and capacity of memory while tightly integrating components with processors, which adds new complexities to chip production.

Jensen Huang responded to this by saying, "There is no doubt that they will succeed, I am confident that Samsung will succeed in HBM."