OpenAI CEO Connects With Samsung Leaders For Acquiring More Chips
Trak.in
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OpenAI CEO Sam Altman met with around 50 senior Samsung executives in South Korea as demand for memory chips continues to outstrip supply. The October 31 meeting in Yongin brought together leaders from Samsung’s electronics, finance and biotechnology businesses to discuss how AI could reshape industries and business strategy. The visit comes as OpenAI seeks to secure the memory capacity needed for its expanding data-centre plans. However, Samsung did not announce a new supply agreement following the meeting. Samsung and OpenAI already have a partnership focused on global AI infrastructure. In October 2025, they signed a letter of intent covering cooperation that includes memory semiconductors for OpenAI’s Stargate project. The companies have previously said that Stargate could require up to 900,000 DRAM wafer starts per month.
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