For Korean companies, securing a partnership with Nvidia means more reliable access to the necessary graphics processing units for training and running AI models. These deals are likely to expand a key market for the American chipmaker, which is increasingly being shut out of the Chinese market amidst the trade dispute between Washington and Beijing. Jensen Huang, CEO of Nvidia Corp., plans to announce new contracts for the supply of AI chips to major South Korean companies, including Samsung Electronics and Hyundai Motor Group, during his visit to the country this week to explore new business opportunities. In addition to Samsung and Hyundai Motor,
Nvidia Strikes Deals with Korean Giants Amidst Trade Dispute
Nvidia is signing AI chip deals with Samsung and Hyundai Motor, strengthening its position in South Korea amid increasing pressure from China.