Nvidia will supply 260,000 GPUs for AI investment in South Korea.

The Role of Nvidia in Investment in South Korea

Nvidia plans to supply hundreds of thousands of graphics processing units (GPUs) to strengthen the country's artificial intelligence infrastructure by collaborating with businesses and the government in South Korea. This agreement was announced following the meeting between South Korean President Lee Jae Myung and Nvidia CEO Jensen Huang.

Huang received a similar level of interest as Apple’s legendary founder Steve Jobs when he visited South Korea to participate in the Asia-Pacific Economic Cooperation (APEC) forum. South Korea is using this forum as a platform to showcase its goals in the field of artificial intelligence (AI).

Nvidia will provide a total of approximately 260,000 GPUs to support South Korea's AI computing capabilities. The company is working with local technology firms such as Samsung, SK Hynix, and Hyundai to improve manufacturing processes using artificial intelligence and accelerate the development of new technologies.

Based in Santa Clara, Nvidia is known for its GPU chipsets that support a significant portion of the global artificial intelligence industry. The company also played an important role in the discussions between U.S. President Donald Trump and Chinese President Xi Jinping, which took place in Gyeongju. The two leaders agreed to take measures to alleviate the increasing trade war.

Following the meeting, Trump stated that he had discussed sales of computer chips to China. Both Trump and former President Joe Biden implemented regulations limiting China's access to advanced chips. Trump mentioned that he would discuss chip purchases with Nvidia, but stated that the company would not acquire its latest Blackwell AI chips.

In August, Trump announced that a deal would be made with Nvidia and another chip manufacturer, AMD, to lift export controls on sales of advanced chips to China, in exchange for a 15% revenue share. However, national security experts expressed concerns that these chips could fall into the hands of China's military and intelligence services.

This week, Nvidia confirmed that it became the first company to reach a valuation of $5 trillion. This underscores the revolutionary changes brought about by the artificial intelligence frenzy, which is considered the biggest technological shift since Jobs introduced the first iPhone.

However, there are also concerns that an artificial intelligence bubble may burst at this point. Bank of England officials warned earlier this month that technology stocks driven by the AI surge could crash. The president of the International Monetary Fund also issued a similar warning.