Nvidia to supply more than 260,000 Blackwell AI chips to South Korea
1. Nvidia will supply over 260,000 AI chips to South Korea's major businesses and government.
FAQ
Why Very Bullish?
This deal significantly boosts NVDA's revenue prospects and strengthens market dominance, similar to past agreements with key tech firms.
How important is it?
The contract with South Korea represents a major expansion for Nvidia, reflecting strong demand for AI, likely influencing stock price positively.
Why Long Term?
The sizable chip supply will enhance Nvidia's long-term revenue streams and bolster its strategic positioning in the AI market.