Separately, Nvidia is teaming up with SK Group to build more than 2 gigawatts of AI data centers on the Korean Peninsula. South Korean President Lee Jae Myung is attending events in Silicon Valley, and additional tech deals are in the works. For Nvidia, closer ties with SK Group will help improve its access to computer memory chips. In total, the "AI initiative" with SK Group will be worth more than $500 billion, Nvidia said. The figure includes money that Nvidia will spend buying memory chips, as well as purchases by SK Group of Nvidia's supercomputers, Huang said in the interview.