NVIDIA, a leading chip manufacturer, has reported strong financial results for the third quarter, coinciding with a statement from former U.S. President Donald Trump regarding the company's leadership.

Financial Performance

• NVIDIA reported Q3 revenue of $18.12 billion, exceeding expectations of $16.18 billion
• The company's net income reached $9.24 billion with an EPS of $3.71
• NVIDIA maintained a strong gross margin of 73.4%

Trump's Statement

Former U.S. President Donald Trump made a statement regarding NVIDIA's leadership, particularly CEO Jensen Huang. Trump reportedly said, "If NVIDIA's Huang is satisfied, then I am also satisfied." This comment implies a level of agreement with NVIDIA's CEO, although the specific context remains unclear.

Future Outlook

Looking ahead, NVIDIA projects Q4 revenue of approximately $20 billion. CEO Jensen Huang reported that all cloud GPUs are completely sold out, indicating strong demand momentum in the market.

Potential Implications

While the specific context of Trump's statement remains unclear, it raises questions about potential implications for:

• Tech policies in potential future political scenarios
• The ongoing global chip shortage and supply chain issues
• U.S.-China relations in the context of technology and trade

It's important to note that this statement alone does not indicate any specific policy directions or commitments.

As NVIDIA continues to demonstrate robust growth and market dominance, the intersection of technology, politics, and global trade remains a focal point for industry observers and policymakers alike.

Nvidia CEO Jensen Huang's recent activities in South Korea have sparked significant interest, ranging from high-level meetings to unexpected market impacts. These events highlight the complex interplay between technology leadership, diplomacy, and market dynamics in the global semiconductor industry.

Meeting with South Korean President

Jensen Huang met with South Korean President Yoon Suk Yeol on the sidelines of the APEC summit in Gyeongju to discuss deepening cooperation in artificial intelligence. This high-profile meeting followed Nvidia's agreements to ship over 260,000 chips to South Korea's government and major corporations.

Major Deals and Partnerships

The South Korean government plans to use 50,000 high-end chips to build a sovereign AI system. In addition:

• Samsung Electronics announced it will construct an AI factory using a cluster of over 50,000 Nvidia chips
• Hyundai Motor Group and SK Group have also committed to using similar quantities of processors

Dinner Generates Buzz and Market Impact

Huang's visit also included a dinner with Samsung Electronics chairman Lee Jae-yong and Hyundai Motor Group executive chairman Euisun Chung at a fried chicken restaurant in Seoul. This casual dinner unexpectedly influenced the Korean stock market:

These significant stock price increases occurred following the circulation of videos showing the high-profile dinner.

Global Market Strategy

Huang's visit to South Korea coincides with his attendance at the Asia-Pacific Economic Cooperation (APEC) CEO summit. This visit may be part of Nvidia's broader strategy to expand its presence in Asian markets, particularly given the company's recent challenges in the Chinese market due to geopolitical issues.

In recent statements, Huang expressed hope to sell Blackwell AI chips in China in the future, noting that such a decision would be up to the U.S. government. Huang confirmed that Nvidia is currently '100% out of China' after losing its market share from 95% to zero percent due to trade restrictions.

Despite describing the loss of the Chinese market as disappointing, Huang emphasized that Nvidia will continue growing regardless. The company's recent deals in South Korea demonstrate its commitment to expanding partnerships in other Asian markets.

Amid these developments, Nvidia has achieved a significant milestone, becoming the world's first $5 trillion semiconductor company by market capitalization.

These events underscore the complex interplay between business leadership, cultural diplomacy, and economic sentiment in today's globalized business environment, particularly in the rapidly evolving field of artificial intelligence and semiconductor technology.