Nvidia CEO Jensen Huang expressed optimism, Tuesday (local time), about Samsung Electronics’ efforts to supply its most advanced high-bandwidth HBM memory chip to his company. However, Huang stressed the need for the Korean chipmaker to 'engineer a new design.

Samsung Electronics , the world's top memory chip maker, is expected to forecast on Wednesday its profit growth continued to slow in the fourth quarter as it struggled to keep up with Nvidia's strong demand for AI chips.

LAS VEGAS, Nevada -- Nvidia CEO Jensen Huang on Tuesday gave Samsung Electronics a vote of confidence as the South Korean tech company works to produce advanced memory chips used for artificial intelligence. The South Korean electronics group has been losing ground to domestic rival SK Hynix in AI memory chips known as high bandwidth memory (HBM).