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Nvidia and Samsung Commit to Extend 33-Year Partnership into the AI Era

Nvidia CEO Jensen Huang met with Samsung Electronics Chairman Lee Jae-yong at the James A. Van Fleet Award ceremony, expressing a commitment to extend Nvidia's 33-year partnership with South Korean enterprises for another 33 years. This high-level executive meeting underscores the ongoing strategic alignment between Nvidia and South Korean tech leaders like Samsung as global demand for AI hardware accelerates. Huang was awarded the Van Fleet Award, which has been presented annually by The Korea Society since 1995 to recognize outstanding contributions to US-Korea relations. Both leaders emphasized their shared dedication to AI development and highlighted South Korea's role as a vital global technology manufacturing center.

## BACKGROUND

The James A. Van Fleet Award honors individuals who promote US-Korea ties, reflecting the deep integration between American tech companies and South Korean semiconductor giants. Samsung is a key supplier of advanced memory products, such as High Bandwidth Memory (HBM), which are crucial components for Nvidia's AI hardware chips.

## KEYWORDS

#NVIDIA#Samsung#AI Hardware#Business News

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Nvidia and Samsung Commit to Extend 33-Year Partnership into the AI Era | Daily News