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AI & Enterprise

Jensen Huang wraps up South Korea visit, stresses physical AI cooperation and startup support

Nvidia CEO Jensen Huang attended a \"Korea AI Ecosystem Reception\" on June 8 to wrap up a five-day visit, saying South Korea is unmatched in heavy industry, manufacturing, electronics and AI software and that hundreds of billions of dollars in revenue would flow into the country over the next five years. He urged venture capitalists and the government to support AI startups and highlighted physical AI cooperation. Deputy Prime Minister Bae Kyung-hoon cited plans on next-generation accelerators, GTC Korea and GPU price talks.

Industry

Jensen Huang charts AI cooperation map in South Korea over four days

Nvidia CEO Jensen Huang (황젠슨) used a four-day visit to South Korea to map cooperation across the country’s AI value chain, spanning memory chips, foundries, data centres, AI models and robotics. He met executives from SK, Samsung Electronics, Hyundai Motor Group, Naver and LG Electronics, and hosted a reception bringing together 18 companies. Talks covered generative and sovereign AI, chip infrastructure, overseas expansion and startup cooperation, the report said.

Industry

Samsung foundry pins hopes on \'AI factory\' turnkey model to chase TSMC

Samsung Electronics is seeking a turnaround in its foundry business with an \"AI factory\" turnkey model that bundles memory, foundry and packaging. With TSMC\'s 3-nanometre utilisation near 100% and wafer price increases expected, some fabless chip designers are looking to reduce reliance on a single vendor. Samsung says demand for memory-and-foundry turnkey offerings is rising and that 2-nanometre contracts could become visible soon. The second half of the year will be a key test.