Nvidia's Huang pegs Korean AI buildout at potential $360b

Nvidia CEO Jensen Huang gave the first dollar figure for the AI infrastructure his company plans to build in South Korea, telling reporters in Seoul on Monday evening that a one-gigawatt AI factory would cost about $60 billion.

Applied to the 6 gigawatts already pledged with SK Telecom and Naver a day earlier, that price points to as much as $360 billion in potential investment over the next five years.

Nvidia is building up to 5 gigawatts of capacity with SK Telecom and 1 gigawatt with Naver, a ...