Nvidia to supply 260,000 cutting-edge chips to South Korea

US tech giant Nvidia said on Friday it will supply 260,000 of its most cutting-edge chips to South Korea, as CEO Jensen Huang met President Lee Jae Myung and the heads of Korea's biggest companies on the sidelines of the APEC summit.

President Lee has also expressed his hope that the country can become a leading AI power. SK Group and Hyundai Motor Group will also receive 50,000 chips for use in AI facilities. A further 50,000 will be deployed across Seoul's National AI Computing Center and to cloud service and IT providers.