Key facts
- Nvidia CEO Jensen Huang visited South Korea, identifying robotics as the country's next major sector.
- Huang met with executives from Hyundai, LG, SK, Samsung, and Naver.
- Nvidia plans to partner with South Korean manufacturers in robotics and physical AI.
- Nvidia's stock increased by 1.82% on the day of Huang's arrival.
Nvidia CEO Jensen Huang arrived in South Korea, identifying robotics as the country's "next major sector." During his visit, Huang has scheduled meetings with major South Korean companies including Hyundai, LG, SK, Samsung, and Naver. He indicated plans for Nvidia to partner with these manufacturers in the fields of robotics and physical AI, emphasizing that the semiconductor industry will become increasingly driven by robotics and AI in the future. Nvidia's stock (NVDA) saw a 1.82% increase on the day of his arrival, trading around $218.66. According to GuruFocus, the stock is considered approximately 35.2% undervalued relative to its GF Value of $337.26. The company's P/E ratio is currently 33.49x, below its five-year median of 60.74x, and it holds a GF Score of 95/100. However, insiders have sold $385 million worth of stock in the past three months.