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Market Chatter: Nvidia to Announce AI Chip Deals With Major South Korean Companies
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Market Chatter: Nvidia to Announce AI Chip Deals With Major South Korean Companies
Oct 28, 2025 11:09 AM

01:36 PM EDT, 10/28/2025 (MT Newswires) -- Nvidia ( NVDA ) Chief Executive Officer Jensen Huang plans to announce new contracts to supply artificial intelligence chips to leading South Korean companies, including Samsung Electronics and Hyundai Motor Group, during his visit to the country this week, Bloomberg reported Tuesday, citing people familiar with the matter.

Nvidia ( NVDA ) also plans to supply chips to SK Group, which intends to build a $4.9 billion AI data center in South Korea, the report said.

Nvidia ( NVDA ) did not immediately respond to a request for comment from MT Newswires.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Price: 195.24, Change: +3.75, Percent Change: +1.96

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