Samsung, SK and Nvidia join $700bn US-Korea AI push

Artificial intelligencePresident Lee touts South Korea as 'global hub' of AI market at investment summitSouth Korean President Lee Jae Myung, center, hosted AI Summit, which brought together leading U.S. and South Korean business figures, including Nvidia CEO Jensen Huang, fourth from left, and Samsung Chairman Lee Jae-yong, third from left, on July 24 in San Francisco. (Photo courtesy of Nvidia)NAMI MATSUURAJuly 26, 2026 03:17 JSTSEOUL -- South Korean tech giants Samsung Electronics and SK Group, together with Nvidia and other U.S. companies, have announced deals worth a combined $700 billion in semiconductors and data centers for artificial intelligence, underscoring deepening cooperation between the countries in critical AI technologies.