Particle.news
Download on the App Store

Nvidia's Jensen Huang Arrives in South Korea for APEC Talks With Samsung and Hyundai

The trip spotlights expected AI chip tie-ups with Korean conglomerates.

Overview

  • Huang landed Thursday for the APEC CEO Summit in Gyeongju, marking his first visit to South Korea since 2010 and a slate of meetings with top business leaders.
  • He was expected to meet Samsung Electronics Chairman Lee Jae-yong and Hyundai Motor Group Executive Chair Euisun Chung in Seoul, with local reports describing an informal fried chicken and beer gathering that could draw other chaebol chiefs.
  • Unnamed sources said Nvidia is expected to sign supply agreements for artificial intelligence chips with Samsung, SK Group, Hyundai Motor Group and Naver, though terms have not been announced.
  • Samsung said on a conference call it is supplying its fifth-generation 12-layer HBM3E memory to Nvidia, following earlier reports that the product passed Nvidia’s quality testing.
  • Huang teased a “delightful” announcement tied to the trip and is set to outline Nvidia’s collaboration plans with South Korean firms during his APEC appearance.