President Lee Jae Myung hosted a summit where partnership announcements were made, including Nvidia investing in Korean AI data centers, involving Samsung Electronics.
1 report, 1 independent
Updated Jul 27
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What happened
President Lee Jae Myung hosted a summit where partnership announcements were made, including Nvidia investing in Korean AI data centers, involving Samsung Electronics.
Who's involved
What this event is mainly aboutKeep exploring
Part of
A corporate shift involving Samsung Electronics is noted as a bellwether for South Korea Inc., challenging global norms.Also in this story
- A wholly owned subsidiary of Samsung Electronics appointed Irawan as COO and President Designate, and Christian Sobottka as CEO.
- Samsung Group pledges large domestic investment in South Korea.
- Samsung Electronics acquired the AI firm OST.
The entities involved
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Lee Jae Myung
President of South Korea since 2025
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Nvidia
American multinational technology company
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Samsung Electronics
South Korean multinational electronics corporation
Related events
- Lee Jae-yong met executives in Tokyo, and Samsung Electronics is expanding its research presence in Japan.
- Nvidia executives, including CEO Jensen Huang, are visiting a conference in Beijing while navigating US restrictions on advanced AI chips.
- Blackstone backs AirTrunk, which is linked to Nvidia, as AI infrastructure trade shifts focus.
- Nvidia is collaborating with SK Group on an AI factory and seeking cooling systems for its data centers.
- TSMC is building new AI chips for Nvidia, while industry leaders like Lutnick and Intel are also in the news.
Coverage
Newest first; wire copies grouped- ibtimes.com.auSouth Korea's KOSPI Rallies Again as Nvidia's Multibillion-Dollar Deals Lift Samsung, SK Hynix This Week