①US Semiconductor giant Nvidia On Friday, it announced it would supply over 260,000 state-of-the-art AI chips to the South Korean government and several major South Korean companies, including Samsung Electronics. ② Boosted by related news, Nvidia's stock price rose by about 2% in pre-market trading on Friday.
U.S. semiconductor giant Nvidia said Friday it will supply more than 260,000 state-of-the-art AI chips to the South Korean government and several major South Korean companies, including Samsung Electronics. (AI) chip . This represents Nvidia's latest expansion in South Korea.
The South Korean government plans to invest in artificial intelligence infrastructure using more than 50,000 of Nvidia's latest chips, while Samsung Electronics, SK Group, and Hyundai Motor Group will each deploy up to 50,000 AI chips in smart factories in the semiconductor and automobile manufacturing sectors.
memory chip Samsung Electronics will build an "AI factory" housing over 50,000 Nvidia chips. Meanwhile, Hyundai Motor has pledged to use a similar number of processors based on Nvidia's Blackwell architecture. These chips will be used to develop Hyundai's AI models and help advance manufacturing and autonomous driving technologies.
SK Group, including its subsidiaries SK Telecom Co. and SK Hynix, will deploy a range of NVIDIA RTX Pro 6000 Blackwell server chips, which NVIDIA calls Asia's first "industrial AI cloud." This facility will support robotics. Technology and other applications of AI in the real world.
Naver, South Korea's largest internet portal and search engine provider, will also purchase 60,000 Nvidia chips.
The South Korean government said it will use its newly acquired Nvidia chips to collaborate with internet companies such as Naver and Kakao to expand its computing infrastructure through initiatives such as the National AI Computing Center.
Nvidia stated that these deals will increase the number of Nvidia AI chips used in South Korea from the current 65,000 to more than 300,000.
Nvidia did not disclose the transaction value or supply timeline.
Prior to announcing the deal, Hwang In-hoon met with South Korean President Lee Jae-myung and leaders from Samsung, SK Group, and Hyundai Motor Group during the APEC summit in South Korea.
For South Korea, this is part of its push for "AI sovereignty." AI sovereignty refers to a growing global trend where countries independently develop their own AI infrastructure and models to achieve technological independence.
In a global race to integrate artificial intelligence into products and services, Nvidia is at the heart of the industry, as the dominant AI chip provider, firmly controlling the most critical "computing power gateway" in the AI sector.
Previously, Nvidia had reached a series of high-profile AI chip deals globally, including in countries such as the UAE and Saudi Arabia, which helped it become the first company in history to surpass a market capitalization of $5 trillion on Wednesday.
Jensen Huang had twice previewed his visit to South Korea on Tuesday and Thursday, stating that he would announce some major news with South Korean companies during his visit. Previous speculation suggested it would be related to the semiconductor industry, so the market wasn't surprised. However, boosted by the news, Nvidia's stock price still rose by about 2% in pre-market trading on Friday .
(Article source: CLS)
