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Samsung Ups Memory Chip Prices, European Chip Stocks Rally

European chip stocks saw a rally following a report that Samsung Electronics is increasing prices for its high-bandwidth memory (HBM4) chips to approximately $4 per gigabit, a threefold increase from current rates.

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European chip shares rose after a report said Samsung Electronics is lifting prices for its memory chips. Samsung is asking about $4 per gigabit in talks with customers for its HBM4 memory chips, around three times its current rates. in South Kor…