Jensen Huang reunites with Samsung, SK chairmen

Jensen Huang, CEO of Nvidia, will meet Lee Jae-yong, Chairman of Samsung Electronics, and Chey Tae-won, Chairman of the SK Group, in New York on the 28th (local time).

This is roughly two months after they last met in San Francisco in July. The reunion is taking place as Jensen Huang attends the Korea Society event in New York as the recipient of this year's Benjamin Franklin Award.

The market's main focus is whether cooperation around next-generation high-bandwidth memory (HBM) and artificial intelligence (AI) infrastructure will deepen further.

At the recent US-China summit, the two countries agreed to tariff preferences on non-sensitive goods worth $30 billion each. Attention is now on the specific content of discussions between Nvidia and Korean companies.

The US state banquet was attended by a large number of top executives of major American companies, including Jensen Huang of Nvidia and Sam Altman, CEO of OpenAI.

By contrast, senior executives of major Chinese companies such as BYD, CATL and Xiaomi, who had been mentioned as possible companions on Xi Jinping's US visit, did not appear at the state banquet. Analysts attribute this to a combination of US technology restrictions and China's diplomatic considerations, and the next steps of the two leaders, the APEC and G20 meetings, are drawing attention amid the tech hegemony competition.