K-SignalAI-generated
Nvidia GPU supply to Korea unchanged after Huang exit
South Korea's science minister Bae Kyung-hoon said Nvidia has reaffirmed its plans to supply 260,000 graphics processing units (GPUs) to the country and to pursue existing cooperation projects, despite the resignation of CEO Jensen Huang, Yonhap reports. The government held an emergency meeting with Nvidia and confirmed the supply and key cooperation projects would proceed without disruption, according to Dong-A Ilbo. KBS World also reports the minister said Nvidia reaffirmed the plans. Korean stocks traded higher late Friday morning as investors absorbed Huang's departure, the Korea Times reports, with the benchmark KOSPI opening 2.05 percent higher. Business Korea notes the exit has put Hyundai Motor Group's autonomous driving strategy and South Korea's chip industry, including Samsung Electronics and SK hynix, at a crossroads, while the global crypto market lost over $130 billion in a single day.
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