Nvidia(US:NVDA) Guan Cha Zhe Wang·2025-10-31 08:04Core Insights - The meeting between NVIDIA CEO Jensen Huang, Samsung Electronics Chairman Lee Jae-Yong, and Hyundai Motor Group Chairman Chung Eui-sun in Seoul has sparked significant interest and market activity, particularly in related stocks [1][5]. Group 1: Meeting Details - The executives met at a popular restaurant named "Kkanbu Chicken" in Gangnam, Seoul, which gained fame from the series "Squid Game" [3]. - Huang expressed excitement about upcoming announcements and collaborations with South Korean partners, particularly regarding high bandwidth memory (HBM) cooperation with Samsung [3][5]. - The gathering was informally dubbed the "Fried Chicken and Beer Summit," highlighting its cultural significance and social media impact [3][5]. Group 2: Business Implications - Huang announced new AI chip supply agreements with major South Korean companies, including Samsung and Hyundai, aimed at expanding NVIDIA's business footprint in Korea [5]. - Hyundai and NVIDIA revealed plans to establish a new AI factory based on the next-generation AI chip "NVIDIA Blackwell," with a joint investment of $3 billion [5]. - The collaboration will involve the development and deployment of integrated AI models using 50,000 NVIDIA Blackwell GPUs, enhancing innovation in autonomous vehicles and smart factories [5]. Group 3: Market Reaction - The event led to a surge in related stocks, with competitors of Kkanbu Chicken, such as Kyochon F&B Co., seeing stock prices rise by 20% [6]. - Cherrybro Co., a poultry processing company, experienced a 30% increase in stock price, with trading volume reaching 200 times the usual amount [6]. - The phenomenon illustrates the influence of social media and cultural events on market sentiment, as seen in previous instances where Huang's mentions of AI-related companies led to significant stock price increases [6].