AGGRESSIVE PUSH:
The South Korean president was visiting the US to support efforts to attract more investment for his massive national pro-AI agenda
South Korean chipmakers Samsung Electronics Co and SK Hynix Inc would supply US tech companies, including Nvidia Corp, in agreements worth US$950 billion, a presidential adviser said on Saturday.The announcement was made as South Korean President Lee Jae-myung visited San Francisco for talks with the heads of major US technology companies, including OpenAI CEO Sam Altman, Nvidia’s Jensen Huang (黃仁勳), Anthropic PBC’s Dario Amodei and Broadcom Inc’s Hock Tan (陳福陽).The two South Korean chip giants and US tech companies agreed to “pursue cooperation” in the sector, presidential chief of staff for policy Kim Yong-beom said to reporters in San Francisco while accompanying Lee.
South Korean President Lee Jae Myung, left, speaks during the San Francisco Artificial Intelligence Summit in San Francisco on Friday.
The announcement includes SK Hynix’s planned five-year cooperation agreement to supply US$750 billion worth of memory chips to companies including Nvidia, Kim said.It includes a US$200 billion memorandum of understanding between Samsung Electronics and Broadcom covering the supply of advanced memory chips and foundry services for artificial intelligence (AI) chip production for the next five years, he said.
