Nvidia chief bets big on AI memory chip cooperation
Seoul, June 2
Jensen Huang, chief executive officer of US chip giant Nvidia, met with SK Group Chairman Chey Tae-won in Taipei to discuss the future of cooperation in artificial intelligence memory.
The meeting took place in Taipei, according to a post on SK Group's Facebook account. Both executives were in the Taiwanese capital to attend Computex, one of Asia's largest technology trade shows.
"With SK hynix reaching a market capitalisation of US$1 trillion, the executives of both companies met to share the significance of the milestone," the post said, reports Yonhap news agency.
The gathering also provided an opportunity to reflect on the achievements the two companies have made together in AI memory and reaffirm their commitment to opening a new chapter in AI infrastructure, the post added.
Huang earlier cited robotics as a potential area for investment in South Korea ahead of his visit to the country later this week.
His trip to Seoul is expected to begin Thursday night, according to industry sources. On Friday, Huang is expected to hold a series of meetings with the heads of major South Korean conglomerates.
Among those expected to attend are Chey, LG Group Chairman Koo Kwang-mo and Lee Hae-jin, founder and chairman of Naver's board. Hyundai Motor Group Executive Chair Euisun Chung is also positively considering joining the discussions, the sources said.
Kim Taek-jin, the CEO of NC Corp., a South Korean gaming company, is also expected to meet with Huang on Sunday, according to industry sources.
A closed-door meeting with local robotics and AI startups is said to be planned for next Monday in Seoul, industry insiders said, including Upstage, which is a contender in a government-led competition for the developer of a homegrown AI foundation model.
Business observers say the upcoming talks could move beyond AI semiconductor cooperation to include robotics and physical AI, an emerging field focused on integrating AI with real-world machines and systems.
During his previous trip to Seoul in October, which coincided with his participation in the Asia-Pacific Economic Cooperation (APEC) CEO Summit in the southeastern city of Gyeongju, Huang drew widespread attention when he joined Samsung Electronics Chairman Lee Jae-yong and Chung for a late-night meal of Korean fried chicken and beer, commonly known as "chimaek."
Onlookers in South Korea already appear to be excited over Huang's visit, with a website predicting his itinerary drawing attention online.
According to industry watchers, an individual under the name of "Jun" created an online map tracking possible movements of Huang and news reports related to the CEO's planned visit.
— IANS
Reader Comments
Great to see Nvidia pushing AI memory innovation with SK hynix. But let's be honest, India is missing out big time. We have the engineers, we have the demand, but our chip plants keep getting delayed. Meanwhile, countries like SK and Taiwan are locking up partnerships with the likes of Nvidia. Wake up, government! 🚀
The fact that a single person like Jensen Huang can command meetings with all the top Korean conglomerates shows how important AI hardware has become. And robotics + AI? That's the future. India's tech startups should try to get a meeting like this—though we'd need a lot more policy support first. 😅
Korean fried chicken and beer with Samsung's chairman? That's the kind of dinner diplomacy we need to see more of. 🍗🍺 But seriously, India should be having these conversations too. Our IT minister should be scheduling a meeting with Jensen Huang ASAP—AI hardware is where the real value is being created, not just software services.
I find it interesting that Hwang is also exploring robotics and physical AI. This AI hype is real, but let's not forget the ethical implications. Also, while it's good that SK hynix hit $1 trillion market cap, we should be careful about calling it a "milestone"—it's still just market speculation. Focus on sustainable innovation rather than stock prices.
The fact that someone made a map tracking Jensen Huang's movements is peak tech celebrity culture. 😂 But on a serious note, India needs to create its own "Jensen Huang effect
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