Nvidia CEO Huang Plans $500 Billion Partnership with SK Group, Expands Ties with Korean Tech Firms

Nvidia CEO Jensen Huang revealed plans for a significant business collaboration with South Korea's SK Group, potentially valued at $500 billion (approximately 730 trillion won). This ambitious partnership aims to deepen technological cooperation between the global chip giant and one of South Korea's major conglomerates.

The collaboration will specifically target semiconductor design, involving key South Korean players like Samsung Electronics and SK Hynix. This move is expected to bolster advancements in cutting-edge chip technology and manufacturing capabilities.

Furthermore, Nvidia intends to broaden its existing partnerships with other prominent South Korean firms. These include Naver, Hyundai Motor Group, and LG, with a focus on expanding joint efforts in artificial intelligence (AI), autonomous driving systems, and energy sector solutions.

Huang made these remarks during a meeting with South Korean President Lee Jae-myung, who was visiting the United States. The announcement underscores Nvidia's commitment to strengthening its ties with South Korea's tech ecosystem and leveraging its expertise across various high-growth industries.