China’s President Xi Jinping will meet his new South Korean counterpart Lee Jae Myung as both leaders work to rebuild ties between their two countries, after years of Seoul moving closer to the US.

Nvidia has announced deals with South Korean companies including Samsung and Hyundai as CEO Jensen Huang visits the country. South Korea's presidential office says more than 260,000 GPUs will be deployed in total across the public and private sector.

South Korea's exports unexpectedly rose in October on robust demand for chips and ships, even as businesses remained cautious amid a global outlook clouded by Washington's tariff policies, data showed on Saturday.

Silicon Valley chipmaker Nvidia plans to supply hundreds of thousands of its graphics processing units for projects with South Korean businesses and the government to advance the country’s artificial intelligence infrastructure and technologies.