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Jensen Huang: Robotics Next Major Sector for Nvidia in South Korea

On June 5, Nvidia CEO Jensen Huang declared robotics the next major sector in South Korea while in Gimpo, announcing partnerships with local manufacturers and planned meetings with Hyundai, LG, SK, Samsung and Naver. The comments build directly on a June 4 report that LG Group will purchase 10,000 Nvidia GPUs for its AI research center and a humanoid robot project at LG Electronics. The unconfirmed order, cited by Maeil Business Newspaper, signals strong enterprise demand for Nvidia’s data-center chips even as NVDA closed 3.62% lower at $214.75 on the day the story broke.

Category

NVIDIA

Sentiment

Bullish

Event

Other

Reading time

1 min