Advanced Micro Devices Chief Executive Lisa Su is scheduled to visit Samsung's semiconductor manufacturing plant in South Korea to discuss expanding business relationships between the two companies, according to a source familiar with the matter.

The visit comes as global semiconductor companies seek to strengthen partnerships and diversify their supply chains amid ongoing industry challenges. Samsung operates one of the world's largest contract chip manufacturing operations, while AMD designs processors for computers and data centers.

The meeting between Su and Samsung executives is expected to focus on potential collaboration opportunities, though specific details of any potential agreements were not disclosed. Both companies have been working to expand their presence in key technology markets including artificial intelligence and high-performance computing.

Samsung's foundry business has been competing with Taiwan Semiconductor Manufacturing Company for major clients in the contract chip manufacturing sector. AMD currently relies on TSMC for production of its most advanced processors but has expressed interest in diversifying its manufacturing partnerships.

The semiconductor industry has seen increased consolidation and partnership activity as companies navigate supply chain disruptions and rising manufacturing costs. Both AMD and Samsung have invested heavily in research and development to maintain their competitive positions in the rapidly evolving chip market.