Nvidia CEO Jensen Huang on the AI Boom in South Korea
Nvidia CEO Jensen Huang announced significant partnerships in South Korea, including a deal with SK Group worth over $500 billion involving memory purchases and supercomputer sales for AI cloud infrastructure. Nvidia is also investing $1 billion in SK's cloud subsidiary to expand its data centers in Korea. Huang noted that the global semiconductor industry needs to expand significantly, potentially tenfold over the next decade, to meet the demand for AI, and that Nvidia faces constraints in memory, land, power, and construction for data centers.
The substantial investments and partnerships highlight South Korea's critical role in the global AI supply chain and Nvidia's strategy to scale its AI infrastructure amid supply constraints. This could impact the pace of AI development and the competitiveness of nations in the AI race.