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Samsung Shares Hit Record on Reports of $700 HBM4 Pricing and Premium Nvidia Tier

Industry reports indicate Nvidia will buy HBM4 in performance tiers, positioning Samsung for the high-speed bin.

Overview

  • Samsung has started mass production of HBM4 and begun commercial shipments, challenging SK hynix’s lead in AI memory.
  • Chosun Ilbo and other outlets report Samsung is negotiating about $700 per HBM4 unit, roughly 20%–30% above HBM3E, with Bloomberg Intelligence estimating 50%–60% operating margins at that level.
  • Samsung’s stock jumped 5.4% to a record 190,900 won after the pricing reports, reflecting investor expectations for stronger profitability.
  • Industry sources say Nvidia’s Rubin platform will use a dual-bin HBM4 strategy, with Samsung expected in the top-speed tier and SK hynix anchoring mainstream volume alongside Micron.
  • SK hynix had previously quoted HBM4 in the mid-$500s for Nvidia and may raise prices, while analysts and TrendForce note no single supplier can meet demand, reinforcing multi-vendor sourcing.