Nvidia CEO Jensen Huang met South Korean President Lee Jae-myung on Friday (October 31) in Gyeongju, a day after the chipmaker secured major agreements to deliver more than 260,000 AI chips to the South Korean government and leading corporations.
The meeting took place on the sidelines of the APEC summit, where both sides discussed expanding cooperation in artificial intelligence and strengthening South Korea’s semiconductor and AI ecosystem, the President’s office confirmed.
Nvidia has struck deals with South Korea’s Ministry of Science and technology giants Samsung Electronics, Hyundai Motor Group, and SK Group. The South Korean government plans to deploy 50,000 high-end Nvidia chips as part of its long-term goal to build a sovereign AI platform.
Samsung, meanwhile, announced plans to establish an AI factory powered by more than 50,000 Nvidia processors, while Hyundai Motor and SK Group have also committed to deploying similar-scale chip clusters to support advanced computing and AI development.
The agreements highlight South Korea’s accelerating investment in AI infrastructure, as global competition intensifies in the race for computing power and next-generation chip innovation.
