Things have been looking up for Samsung Foundry. It sees renewed interest in both its advanced and legacy process technologies, bringing in billions of dollars in new orders from some of the world's top companies.

AMD, another key player in the current AI chip landscape, is reportedly interested in relying on Samsung Foundry for some of its semiconductor manufacturing needs.

Korean media is reporting that AMD CEO Lisa Su will soon make her first-ever visit to South Korea. A meeting with Samsung's semiconductor division will draw particular interest as there's considerable scope for a collaboration there.

Su will reportedly arrive in South Korea on March 18. She's said to meet with Samsung Electronics DS Division Head Vice Chairman Jun Young-hyun as well as a subsequent meeting with the top man, Samsung Electronics Chairman Jay Y. Lee. Both Su and Lee have previously met just three months ago in the US.

Her conversations with Samsung may include long-term supply agreements for DRAM and NAND flash memory products in addition to supply terms for HBM4 memory, a crucial component for AMD as it aims to better compete against NVIDIA in the AI chip market.

Both companies may also negotiate a deal whereby AMD picks up manufacturing volume on Samsung's advanced processes for its new chips. Samsung has previously made chips for AMD on its 14nm process in 2016, so this isn't a brand new relationship, but a fresh agreement would serve as a vote of confidence from AMD in Samsung's current foundry technologies.