.jpg)
7 hours ago
1
Article content
GYEONGJU, South Korea (AP) — Silicon Valley chipmaker Nvidia plans to supply hundreds of thousands of its graphics processing units for projects with South Korean businesses and the government to advance the country’s artificial intelligence infrastructure and technologies.
THIS CONTENT IS RESERVED FOR SUBSCRIBERS ONLY
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman, and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
SUBSCRIBE TO UNLOCK MORE ARTICLES
Subscribe now to read the latest news in your city and across Canada.
- Exclusive articles from Barbara Shecter, Joe O'Connor, Gabriel Friedman and others.
- Daily content from Financial Times, the world's leading global business publication.
- Unlimited online access to read articles from Financial Post, National Post and 15 news sites across Canada with one account.
- National Post ePaper, an electronic replica of the print edition to view on any device, share and comment on.
- Daily puzzles, including the New York Times Crossword.
REGISTER / SIGN IN TO UNLOCK MORE ARTICLES
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account.
- Share your thoughts and join the conversation in the comments.
- Enjoy additional articles per month.
- Get email updates from your favourite authors.
THIS ARTICLE IS FREE TO READ REGISTER TO UNLOCK.
Create an account or sign in to continue with your reading experience.
- Access articles from across Canada with one account
- Share your thoughts and join the conversation in the comments
- Enjoy additional articles per month
- Get email updates from your favourite authors
Sign In or Create an Account
or
Article content
The government, Nvidia and leading South Korean chip maker Samsung Electronics announced the plan after South Korean President Lee Jae Myung met Friday with Nvidia’s chief executive Jensen Huang.
Article content
Article content
Article content
Huang has gotten rockstar treatment reminiscent of Apple’s Steve Jobs since arriving in South Korea on Thursday to attend meetings of the Asia-Pacific Economic Cooperation forum in Gyeongju. As APEC host, South Korea is using the gathering of world leaders to showcase its ambitions in AI.
Article content
By signing up you consent to receive the above newsletter from Postmedia Network Inc.
Article content
Lee’s office said Nvidia will supply around 260,000 GPUs to support South Korea’s AI computing capabilities. The company will also work with Samsung and other South Korean technology firms including SK Hynix and Hyundai to improve manufacturing processes using AI and to accelerate the development of new technologies.
Article content
Santa Clara-based Nvidia, whose GPU chips power much of the global AI industry, featured in talks Thursday between U.S. President Donald Trump and Chinese President Xi Jinping in Gyeongju, where the leaders agreed to take steps to ease their escalating trade war.
Article content
Following the meeting, Trump said he discussed sales of computer chips to China. Trump and former President Joe Biden have imposed restrictions on China’s access to the most advanced chips, including those used for AI. Trump said China will speak with Nvidia about purchasing their chips, but not the company’s latest Blackwell AI chips.
Article content
Article content
In August, Trump announced a deal with Nvidia and AMD, another chipmaker, to lift export controls on sales of advanced chips to China in exchange for a 15% cut of the revenue, despite concerns among national security experts that such chips will end up in the hands of Chinese military and intelligence services.
Article content
Nvidia earlier this week confirmed that it has become the first $5 trillion company, just three months after the company broke through the $4 trillion mark. The milestone underscores the upheaval driven by the AI craze, widely seen as the biggest technological shift since Apple co-founder Jobs unveiled the first iPhone 18 years ago.
Article content
But there are also concerns over a potential AI bubble. Officials at the Bank of England warned earlier this month that tech stock prices fueled by the AI boom could collapse, and the head of the International Monetary Fund has issued a similar warning.
Article content
English (US)