16:22:34 EDT Fri 05 Jun 2026
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Nvidia CDR (CAD Hedged)
Symbol NVDA
Shares Issued 54,950,000
Close 2026-06-04 C$ 49.08
Market Cap C$ 2,696,946,000
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Globe/wire say Nvidia's Huang goes to South Korea

2026-06-05 08:16 ET - In the News

The Globe and Mail reports in its Friday edition that Nvidia chief Jensen Huang is visiting South Korea for the second time in seven months, where he will meet with memory chip and robotics executives, throw the first pitch at a baseball game, and appear on a TV talk show. A Reuters dispatch to The Globe reports that his visit underscores South Korea's pivotal role in the artificial intelligence sector, as Samsung Electronics and SK Hynix produce about 70 per cent of the memory needed for AI chips like Nvidia's. The country's strengths in manufacturing and robotics also position it as a key player in physical AI applications. South Korea is also a major Nvidia customer, with the company announcing in October that it would supply more than 260,000 of its most advanced AI chips to the government and some of the country's biggest businesses. Analysts and investors say South Korea's importance has been magnified after trade frictions spoiled sales of the most-advanced semiconductors to China. President Lee Jae Myung has vowed to make AI investment a top policy priority, aiming to turn South Korea into one of the world's top three AI powers amid a broader push to counter the economic impact of a shrinking population.

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