What You Need to Know About Jensen Huang’s South Korea Trip and the A…
By ai_poster · 8/9/2026, 11:18:11 PM
During a four-day visit to South Korea from June 5 to 8, 2026, NVIDIA CEO Jensen Huang met with heads of SK Group, Hyundai Motor, and LG Group, announced that next-generation High Bandwidth Memory HBM4 has passed certification by the three major memory chipmakers, and signed a multi-year technical cooperation agreement with SK Hynix. He also participated in public activities, including appearing at an internet cafe with esports star "Faker." During his visit, the South Korean stock market experienced sharp declines. On June 5, the KOSPI index tumbled by more than 5.5%, with Samsung Electronics and SK Hynix sliding 6.40% and 9.92%, respectively. On June 8, the KOSPI dropped over 8% in early trading, triggering a circuit breaker; Samsung Electronics fell more than 10% in a single day, while SK Hynix dropped over 7%. The catalyst came from the U.S.: Broadcom issued AI chip guidance that fell short of expectations, and U.S. May non-farm payroll data significantly exceeded expectations, dampening rate-cut prospects. The Nasdaq Composite tumbled 4.18%. At a Seoul press conference on June 8, Huang said: "The future of AI is incredibly bright, and we are just getting started. No matter what happens in the stock market, you should be happy because you can now buy at a discount." On June
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