Nvidia, Samsung, Hyundai CEOs Share Fried Chicken Dinner Boosting Korean Food Stocks

Nvidia CEO Jensen Huang shared a casual yet highly publicized dinner of Korean fried chicken and beer with Samsung Electronics Chairman Lee Jae-yong and Hyundai Motor Group Executive Chairman Chung Euisun at Kkanbu Chicken in Seoul, coinciding with the Asia-Pacific Economic Cooperation (APEC) Summit. The event, dubbed the “Chimaek Summit” by netizens, drew massive attention from fans and media, with Huang generously paying for meals not only for the executives but also for other diners and fans waiting outside. Huang gifted Nvidia DGX AI systems to the South Korean leaders, symbolizing a deepening partnership in artificial intelligence and chip supply, as Nvidia announced plans to supply 260,000 advanced semiconductors to South Korea. The gathering highlighted the growing commercial and technological alliances between Nvidia, Samsung, and Hyundai, boosting the stocks of local fried chicken chains and related companies. The meeting also showcased cross-cultural camaraderie through Korean traditions like the "love shot" toast, blending Silicon Valley energy with Korean culture. Overall, the dinner served as both a symbolic and strategic milestone in reinforcing ties between American and South Korean tech industries.