Jen-Hsun Huang, Samsung ve Hyundai'nin yöneticileri ile birlikte kızarmış tavuk akşam yemeği yedi, Güney Kore'de 'tavuk meme hissesi' çılgınlığını ateşledi.

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Nvidia CEO Jen-Hsun Huang, along with the heads of Samsung and Hyundai, had a fried chicken dinner that unexpectedly ignited a frenzy in South Korea's meme stocks, with related concept stocks rising 30%. This article is sourced from a piece by Wall Street Watch, organized, translated, and written by Foresight News. (Background: Nvidia's market value surpasses 5 trillion dollars! An overview of Nvidia's history: from gaming giant, shifreleme mining overlord to AI arms dealer) (Additional context: Nvidia invests 1 billion dollars in Nokia to become its largest shareholder! Nokia rises 21%, what is Jen-Hsun Huang plotting behind the scenes?) Jen-Hsun Huang appeared at Kkanbu Chicken in Seoul, having a fried chicken dinner with Samsung Electronics and Hyundai's heads, unexpectedly igniting a celebration of South Korea's “meme stocks.” Although the restaurant is not publicly listed, related fried chicken, poultry, and robot concept stocks soared, with poultry processor Cherrybro surging 30% to hit the limit up. This highly anticipated dinner took place on Thursday evening, where Jen-Hsun Huang was joined by Samsung Electronics Chairman Lee Jae-Yong and Hyundai Motor Executive Chairman Chung Eui-Sun at a fried chicken restaurant called Kkanbu Chicken. Related photos and videos quickly went viral on social media. Despite Kkanbu Chicken not being a publicly traded company, its competitor Kyochon F&B Co.'s stock price surged 20% on Friday; South Korean poultry processor Cherrybro Co. even hit a 30% daily limit up, with trading volume about 200 times the average level. Even the stock price of Neuromeka Co., which produces fried chicken robots, also surged. This event not only reflects the unique impact of viral transmission on the South Korean stock market but also reveals the business logic behind this casual dinner. Under the relaxed atmosphere, Jen-Hsun Huang aims to deepen Nvidia's strategic intentions in this key market in South Korea. According to the Wall Street Watch article, Nvidia has reached an agreement with Samsung Electronics, Hyundai Group, and SK Hynix to provide over 260,000 AI chips to kickstart South Korea's AI projects. Nvidia did not disclose the financial terms of the deal. The informal dinner of tech giants This dinner, which triggered market fluctuations, was filled with relaxed social details. On Thursday evening, Jen-Hsun Huang, wearing his signature black leather jacket, appeared at the Kkanbu Chicken restaurant in Gangnam, Seoul, attracting a large crowd. They ordered three portions of fried chicken, cheese sticks, and three glasses of draft beer while Jen-Hsun Huang drank soju with beer from a neighboring table. During the meal, Jen-Hsun Huang presented a gift box with the Nvidia DGX (the company’s AI system series) logo to Lee Jae-Yong and Chung Eui-Sun. Lee Jae-Yong then showcased a signed note from Jen-Hsun Huang to the camera, which read: “To our cooperation, to the future of the world!” Jen-Hsun Huang shouted, “Everyone's meal is on me,” and at the end of the dinner, Lee Jae-Yong and Chung Eui-Sun jointly paid about 2.5 million Korean won (approximately 1,750 dollars) for the bill, which even included the meals of all other customers in the restaurant at the time. Jen-Hsun Huang interacted with the crowd waiting outside the restaurant and signed various items. This gathering was not just an eye-catching public relations event. Jen-Hsun Huang's visit to South Korea coincided with the APEC CEO Summit. Reports indicate that Jen-Hsun Huang plans to announce a new contract to supply AI chips to Samsung Electronics and Hyundai Motor during this visit. For Nvidia, deepening cooperation with South Korea's tech and automotive giants helps further expand its business footprint in this key market. Jen-Hsun Huang himself told the media: “I have many partners here, and we have many announcements to make.” For South Korean companies, establishing a closer relationship with Nvidia means securing a more stable GPU supply. According to the latest agreement, Nvidia will provide over 260,000 AI chips to kickstart South Korea's AI projects in collaboration with Samsung Electronics, Hyundai Motor Group, and SK Group. The South Korean government will build the so-called “sovereign AI” — that is, government-controlled computing infrastructure. More than 50,000 of Nvidia's latest AI accelerators will be deployed in data centers, including the national AI computing center and facilities of companies such as Kakao, Naver, and NHN Cloud. Earlier this week, Nvidia became the first company to surpass a market value of 5 trillion dollars. The “meme” culture of the South Korean stock market Jen-Hsun Huang's personal influence was once again validated in the capital market. After photos of the fried chicken dinner went viral online, they quickly turned into a driving force for the rise of related concept stocks. Since the venue Kkanbu Chicken is not publicly listed, traders seeking short-term profits turned their attention to other related companies. The stock price of the fried chicken chain Kyochon F&B Co. surged 20%, while upstream poultry processor Cherrybro Co.'s stock price hit a 30% limit up. Additionally, the stock price of Neuromeka Co., a Kosdaq-listed company that manufactures fried chicken robots, also rose significantly. However, these stocks all fell back after a brief surge. This movement in the “fried chicken stocks” is another reflection of South Korea's stock market “meme culture.” Analysts believe that this event reflects the strong influence of online hotspots and celebrity effects on the South Korean market, especially for small-cap stocks. In South Korea, traders seeking risk often chase short-term profits related to cultural, political, or economic hotspots, and these speculative behaviors often have little correlation with the company's fundamentals and actual operations. For example, in August this year, after former U.S. President Trump praised the pen used by South Korean President Yoon Suk-yeol, the stock price of South Korean stationery manufacturer MonAmi surged but then retreated to its starting point. This is not the first time Jen-Hsun Huang has played the role of a “market maker.” In 2024, after he mentioned several AI-related companies during a speech, those companies' stock prices also surged, showing his market influence that transcends the companies themselves. Related reports unveil the logic behind ChainOpera AI's explosion in popularity: precisely hitting the cycle, with an FDV exceeding 4 billion dollars. Major news! NVIDIA invests 100 billion dollars to collaborate with OpenAI and jointly build a 10GW AI data center, NVDA jumps 3.9%. Satoshi Nakamoto becomes the world's 11th richest person, surpassing Buffett and Jen-Hsun Huang… a wallet that has been dormant for 16 years holds Bitcoin worth 120 billion dollars. <Jen-Hsun Huang dines with heads of Samsung and Hyundai, igniting a frenzy in South Korea's “chicken meme stocks”> This article was first published in BlockTempo, the most influential blockchain news media.

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