Nvidia Completes Huge AI Deals with Tech Giants in Asia
Nvidia will supply over 260,000 advanced AI chips to South Korea’s government and leading corporations, including Hyundai, Samsung, and LG. The chips will be integrated into manufacturing systems across industries ranging from robotics and semiconductors to autonomous vehicles. The announcement capped an eventful week for the company, which became the first in history to surpass a $5 trillion valuation. It also coincided with renewed optimism about China-U.S. trade relations, raising the possibility that Nvidia could soon expand chip exports to China. Speaking at a CEO forum held alongside the Asia-Pacific Economic Cooperation summit in South Korea, Nvidia’s CEO Jensen Huang…