Nvidia CEO Jensen Huang to Discuss AI Chip Supply with Samsung and SK Hynix in Seoul
Nvidia CEO Jensen Huang is set to visit Seoul later this month for the Asia-Pacific Economic Cooperation CEO Summit, where he will meet with executives from Samsung Electronics and SK Hynix. The discussions are expected to focus on securing advanced memory chips for Nvidia's AI data center GPUs, amid growing demand for high-performance computing.
South Korea's $470 billion semiconductor investment underscores its ambition to reduce reliance on foreign suppliers. For Nvidia, stronger ties with Korean chipmakers could mitigate risks from U.S.-China trade restrictions, ensuring stable supply chains for its AI hardware.
Nvidia shares edged up 0.78% to $183.22 ahead of the meetings, reflecting cautious Optimism about potential collaborations. Neither Samsung nor SK Hynix commented on the agenda, but industry watchers anticipate new supply or research agreements.
