Hyundai, Nvidia to Build AI Robot Reference Platform

"SK to Supply $750 Billion Over Five Years to Nvidia and Others" "Samsung Electronics-Broadcom Sign $200 Billion Chip MOU" Korean Firms and Global Big Tech Forge $950 Billion in Total Cooperation

Politics|
| Updated 2026.07.25. 14:13:08
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By Song Jong-ho in San Francisco
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[CAPTIONS]
President Lee Jae-myung, who is visiting the United States, poses for a commemorative photo with participants at an AI summit held in San Francisco on Sept. 24 (local time). From left: Naver Board Chairman Lee Hae-jin, Nvidia CEO Jensen Huang, President Lee Jae-myung, Broadcom CEO Hock Tan, Samsung Electronics Chairman Lee Jae-yong, Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon, and Hyundai Motor Group Chairman Chung Euisun. Reporter Kwon Wook - Seoul Economic Daily Politics News from South Korea
[CAPTIONS] President Lee Jae-myung, who is visiting the United States, poses for a commemorative photo with participants at an AI summit held in San Francisco on Sept. 24 (local time). From left: Naver Board Chairman Lee Hae-jin, Nvidia CEO Jensen Huang, President Lee Jae-myung, Broadcom CEO Hock Tan, Samsung Electronics Chairman Lee Jae-yong, Deputy Prime Minister and Minister of Science and ICT Bae Kyung-hoon, and Hyundai Motor Group Chairman Chung Euisun. Reporter Kwon Wook

The Presidential Office said on the 25th that Korean companies and global big tech firms have agreed to pursue semiconductor cooperation totaling $950 billion, or approximately 1,375 trillion won, on the occasion of the "San Francisco AI Summit" attended by President Lee Jae-myung. They also agreed to pursue cooperation on AI data center investments involving 2 million GPUs. Hyundai Motor agreed to jointly build an "AI Robot Reference Platform" with Nvidia, and announced an autonomous vehicle foundry plan with Waymo.

Kim Yong-beom, head of the Presidential Office's Policy Office, held a briefing at a local press center in San Francisco, the United States, that day and disclosed the major cooperation achievements made in the fields of semiconductors, AI data centers, and physical AI. Hyundai Motor agreed to jointly build an "AI Robot Reference Platform" with Nvidia, and announced an autonomous vehicle foundry plan with Waymo. Samsung SDS and Anthropic signed a strategic partnership agreement to jointly develop new AI markets while cultivating AI engineers together.

SK will conduct long-term supply cooperation for advanced memory semiconductors worth $750 billion (1,085 trillion won) with global big tech firms including Nvidia over the next five years. SK Telecom will pursue the construction and expansion of an AI data center of up to 2GW with Nvidia.

"The AI Summit was arranged to combine the technology and capital of global big tech with Korea's capabilities across the entire AI ecosystem — not only semiconductors but also AI infrastructure, models, and physical AI — to create investment and cooperation achievements across the full AI stack," Kim said.

In addition, Samsung Electronics and Broadcom signed a memorandum of understanding (MOU) on foundry cooperation for the supply of advanced memory semiconductors and the production of AI chips worth $200 billion (290 trillion won) over the next five years, and Naver signed a strategic investment agreement with Nvidia.

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Original reporting by Song Jong-ho in San Francisco for Seoul Economic Daily.

AI-translated from Korean. Quotes from foreign sources are based on Korean-language reports and may not reflect exact original wording.

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