Key insights
- Nvidia and Hyundai Motor are in final talks with the South Korean government to establish an AI R&D center, potentially located in Saemangeum. This collaboration, building on a prior MOU, signifies a strategic expansion for Nvidia in AI hardware and development. The news could provide a modest bullish signal for Nvidia and related AI/semiconductor stocks due to increased investment and partnership in a key technology area.
Investing.com-- Hyundai Motor (KS:005380), NVIDIA Corporation (NASDAQ:NVDA), and the South Korean government are in final talks over establishing an artificial intelligence technology center in the country, the Korea Economic Daily reported on Thursday.
The Saemangeum reclamation project on the southwest coast of South Korea has emerged as the leading candidate for the site, the Korea Economic Daily reported, citing government and industry officials.
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The center would be similar to Nvidia’s other R&D bases in locations such as Singapore and Taiwan, and is likely an extension of the memorandum of understanding signed by Hyundai and Nvidia in October 2025. Nvidia had agreed to supply Hyundai with GPUs and jointly establish AI sites in South Korea.
Nvidia CEO Jensen Huang is set to visit South Korea this week, and is expected to meet Hyundai Chair Euisun Chung and several other business leaders on Friday.
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