At AI Summit, South Korea Outlines Its AI Future with NVIDIA and Partners

At the AI Summit in San Francisco, South Korean President Jae Myung Lee and business leaders met with NVIDIA to advance the nation's AI infrastructure. Key announcements include a joint AI lab with KAIST, expanded AI factories with NAVER, a $500B+ partnership with SK Group, and a physical AI strategy with Hyundai Motor Group.

NVIDIA SK hynix SK Telecom

Nvidia invests $1.5 billion in Amkor chip packaging expansion in Arizona

Nvidia has agreed to pay Amkor $1.5 billion as an advance payment to expand its chip testing and packaging facilities in Arizona. The deal aims to enable a full-cycle chip production in the US, as Nvidia already partially uses TSMC's Arizona fab for 4nm processing. Amkor's shares rose 15% on the news.

NVIDIA Taiwan Semiconductor Manufacturing Company