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Nvidia has confirmed it will still supply up to 260,000 GPUs to South Korea despite Jensen Huang's resignation as CEO, Seoul's science minister said Friday. Science and ICT Minister Bae Kyung-hoon said Nvidia reaffirmed its plans to supply the GPUs and to pursue existing cooperation projects, according to KBS World and Yonhap. The minister also said a morning meeting with Nvidia officials was held, as reported by Kyunghyang Shinmun. Korean stocks traded higher late Friday morning as investors absorbed Huang's departure, with the benchmark KOSPI opening 2.05 percent higher, the Korea Times reported. Meanwhile, Business Korea reported that Huang's exit has put South Korea's chip industry, including Samsung Electronics and SK hynix, at a crossroads, and that the global crypto market lost more than $130 billion in a single day after the news.