Samsung Chairman Lee Expected to Meet Nvidia CEO
Samsung Electronics Chairman Lee Jae-yong is reportedly expected to meet Nvidia CEO Jensen Huang in the United States by the end of July.
According to South Korea’s Dong-A Ilbo newspaper, the meeting would focus on deeper cooperation in chipmaking and artificial intelligence.
Talks Could Take Place in Silicon Valley
Lee is working to finalize a meeting with Huang in Silicon Valley, the report said, citing unnamed industry sources.
The two executives are expected to discuss Samsung’s plan to build an 800 trillion-won semiconductor fabrication facility in Gwanju, along with new AI data centers across South Korea.
Nvidia Could Play Key Role in Samsung’s AI Expansion
Nvidia is expected to become an important partner in Samsung’s semiconductor and AI infrastructure plans.
The company could also become a larger buyer of Samsung’s memory chips as demand for AI-related hardware continues to grow.
Samsung Benefits From AI Chip Demand
Samsung recently announced plans to increase production capacity in the coming months.
The move comes as the company benefits from strong AI-driven demand. Samsung also recently forecast that its second-quarter profit could jump more than 19-fold.
