Jenith
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Samsung has been trying to catch up with the Taiwan Semiconductor Manufacturing Company in the contract chipmaking segment. The gap between the two is quite significant, but the Korean giant hopes to gain some ground with its 2nm GAA process.
A new report indicates that two Chinese cryptocurrency firms have placed orders with Samsung for their 2nm mining chips, enabling the company to win orders that will help it close the gap with TSMC.
The Exynos 2600 is likely the first chipset produced on the 2nm GAA process at scale. It will be used for next year's Galaxy S26 series. Tesla has also inked a multi-billion dollar deal with Samsung to have AI chips made on its 2nm process.
According to reports out of South Korea, two of the leading cryptocurrency mining equipment manufacturers in China have picked Samsung's 2nm process for their next-generation mining hardware.
MicroBT and Canaan, the companies in question, will use the 2nm GAA process for the new hardware they're working on. These companies are the world's second and third largest manufacturers of this mining hardware. The combined deal is reportedly worth $480 million a year.
Bitman is the world's leading cryptocurrency mining equipment manufacturer but it's yet to place any orders with Samsung. That company is reportedly sticking with TSMC as it may have secured early capacity. Samsung has reportedly commenced production of MicroBT's orders while Canaan's will enter production early net year.
The volume may only account for 10% of Samsung's total 2nm production capacity, but Samsung will surely take capacity utilization any day over having its production lines sit idle, as has happened with the 3nm process.
The post Chinese cryptocurrency firms hand Samsung a key win over its Taiwanese rival appeared first on imeisource.
A new report indicates that two Chinese cryptocurrency firms have placed orders with Samsung for their 2nm mining chips, enabling the company to win orders that will help it close the gap with TSMC.
The Exynos 2600 is likely the first chipset produced on the 2nm GAA process at scale. It will be used for next year's Galaxy S26 series. Tesla has also inked a multi-billion dollar deal with Samsung to have AI chips made on its 2nm process.
According to reports out of South Korea, two of the leading cryptocurrency mining equipment manufacturers in China have picked Samsung's 2nm process for their next-generation mining hardware.
MicroBT and Canaan, the companies in question, will use the 2nm GAA process for the new hardware they're working on. These companies are the world's second and third largest manufacturers of this mining hardware. The combined deal is reportedly worth $480 million a year.
Bitman is the world's leading cryptocurrency mining equipment manufacturer but it's yet to place any orders with Samsung. That company is reportedly sticking with TSMC as it may have secured early capacity. Samsung has reportedly commenced production of MicroBT's orders while Canaan's will enter production early net year.
The volume may only account for 10% of Samsung's total 2nm production capacity, but Samsung will surely take capacity utilization any day over having its production lines sit idle, as has happened with the 3nm process.
The post Chinese cryptocurrency firms hand Samsung a key win over its Taiwanese rival appeared first on imeisource.