Business Insider
05 Jun 2026, 06:15 UTC · 2h ago
Why Jensen Huang is going on a charm offensive in South Korea
Business Insider
05 Jun 2026, 06:15 UTC · 2h ago
Story key points
3 claims · impact-rated
Nvidia CEO Jensen Huang is visiting South Korea to deepen ties with memory chip producers and explore robotics cooperation. — Direct partnership signals from Nvidia typically act as a strong catalyst for the stock prices of associated hardware and infrastructure partners.
+0.60South Korean semiconductor exports surged nearly 170% in May, reaching a record high driven by the AI boom. — Confirming massive growth in physical chip shipments validates the sustained demand for AI hardware across the supply chain.
+0.40Nvidia is targeting South Korea as an ideal testbed for commercializing AI applications due to its large-scale manufacturing infrastructure. — Expansion into robotics and application commercialization suggests a new growth vertical beyond just selling GPUs.
+0.30Ticker attribution
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Model heads
Identified as a major AI boom beneficiary with market value exceeding $1 trillion.
Mentioned as a top beneficiary of the AI rush with market value exceeding $1 trillion and shares jumping due to Nvidia's visit.
The CEO is actively expanding partnerships in key AI infrastructure markets like South Korea and Taiwan.
Shares jumped following reports of Nvidia's CEO visiting South Korea.
Mentioned as a partner in high-level meetings with Nvidia's CEO, signaling potential future cooperation.
[a_to_b] SK Hynix is identified as a memory chip producer upon which Nvidia's AI business depends.
[a_to_b] Samsung Electronics is identified as a chip champion and memory producer linked to Nvidia's AI needs.
[mutual] Nvidia CEO Jensen Huang and Samsung Chairman Lee Jae-yong have held strategic meetings.
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