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Govt confirms Nvidia GPU supply plan on schedule

Science and ICT Minister Bae Kyung-hoon said Friday that Nvidia has reaffirmed its plans to supply South Korea with 260,000 GPUs and to pursue existing cooperation projects, despite the resignation of CEO Jensen Huang. The confirmation came as the government convened an emergency meeting to discuss the departure's impact on South Korea's AI industry, and as Seoul shares opened higher following the leadership change. Korean investors in Nvidia have suffered an estimated $2.4 billion in valuation losses amid the scandal, and Bitcoin fell below 100 million won as uncertainty deepened.

  1. Nvidia confirms planned supply of GPUs to S. Korea despite Huang's resignation: science minister Korea Times · 2026-11-13
  2. Science Minister: Nvidia Reaffirms Plans to Supply S. Korea with 260,000 GPUs KBS World · 2026-11-13
  3. Nvidia confirms planned supply of GPUs to S. Korea despite Jensen Huang's resignation: science minister Yonhap · 2026-11-13
  4. Gov’t Convenes Emergency Meeting to Discuss Ramifications of Jensen Huang’s Resignation KBS World · 2026-11-13
  5. (URGENT) Seoul shares start higher following Nvidia's leadership change Yonhap · 2026-11-13
  6. [COVER STORY] Korean investors in Nvidia suffer estimated $2.4 bil. in valuation losses Korea Times · 2026-11-12
  7. Bitcoin Breaks Below 100 Million Won as Nvidia Shock Deepens Selloff Business Korea · 2026-11-13

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