NVIDIA CEO visits South Korea, plans meetings with Samsung and LG executives

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NVIDIA CEO Jensen Huang is in South Korea, set to meet with Samsung and LG executives. He confirmed that the Vera CPU will use SK Hynix memory chips, with plans for deeper collaboration. The new token listings on major exchanges are expected to boost demand for data center hardware. U.S. inflation data has also increased interest in high-performance computing solutions. The Vera CPU aims to challenge Intel, AMD, and Amazon in the data center market.

Odaily Planet Daily report: NVIDIA (NVDA.O) CEO Jensen Huang stated that the company’s new Vera central processor will use memory chips from SK Hynix, with both companies expecting to expand their collaboration further over the coming year. Huang told reporters outside a restaurant in Seoul on Sunday that he had dinner that day with SK Group Chairman Choi Tae-won, SK Hynix CEO Kwak No-jung, and senior executives from SK Telecom. He said, “Our collaboration with SK Hynix this year has been very substantial, and we are preparing for even larger-scale cooperation in the second half of this year and next year. We have launched the Vera CPU, a revolutionary central processor that will also utilize SK Hynix’s DRAM memory.”

Vera is NVIDIA’s first standalone data center microprocessor, directly competing with Intel’s Xeon series, AMD’s EPYC chips, and custom chips like Amazon’s Graviton. Huang arrived in Korea on Friday to visit partners and suppliers, and is scheduled to meet on Monday with Samsung Electronics Vice Chairman Kim Yong-hyun, as well as senior executives from Hyundai Motor Group and LG Group. He also mentioned ongoing discussions with telecommunications companies, as future telecom networks will be utilized for AI applications. (Jin10)

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