South Korean President Lee Jae Myung presents a “San Francisco AI Declaration” aimed at positioning South Korea as a trustworthy production base and supply partner for AI semiconductors. Speaking at a high-level meeting in San Francisco, Lee says the country can become an “irreplaceable” core player in the AI supply chain, citing South Korea’s competitiveness and production capacity in memory semiconductors. The meeting brings together global technology leaders and South Korean business executives, including OpenAI CEO Sam Altman and Nvidia CEO Jensen Huang, along with South Korean conglomerate chiefs such as Samsung Electronics Chairman Lee Jae-yong and SK Group Chairman Chey Tae-won.

During the trip’s first day, Lee also holds separate meetings with the leaders of Nvidia, OpenAI, Anthropic and Broadcom. He calls for greater participation by these firms in South Korea’s AI investment plans, including building a semiconductor production cluster and developing AI data centers. South Korean business leaders, including Samsung and other major companies, also meet with Nvidia to discuss AI-related cooperation and potential investment. Korean outlets report that details of specific deals are not immediately released.