Nvidia, the US chip giant, announced significant AI deals in South Korea, supplying over 260,000 advanced AI chips to the government and major companies like Samsung, LG, and Hyundai. These agreements aim to boost South Korea's AI capabilities and cement Nvidia's global reach, following a week where the company's valuation reached $5 trillion.

• Nvidia will supply more than 260,000 advanced AI chips to South Korea.
• The chips will be deployed by the South Korean government, Samsung, LG, and Hyundai to develop semiconductors, robots, and autonomous vehicles, with CEO Jensen Huang stating South Korea can now produce "intelligence as a new export."
• The deals come amidst US-China trade tensions, with Huang expressing disappointment over Nvidia's "0% share" of the AI business in China, down from 95%, and hopes for new policies to resume sales there.