AGP Executive Report
Last update: 11 hours agoChip Industry: Nvidia founder Jensen Huang has resigned, with CFO Colette Kress named interim CEO. The upheaval rattled global tech stocks and raised questions about future AI investment and chip demand for Korean suppliers SK hynix and Samsung. AI Manufacturing: Samsung has broken ground on an advanced chip-packaging hub in Chungcheong, while Korea plans to develop eight homegrown on-device AI chips by 2030. Clean Energy: Amogy and HD Construction Equipment completed ammonia-to-power testing ahead of a planned 2027 project in Pohang. Automotive: Kia India will invest $2 billion in a second Andhra Pradesh plant, lifting annual capacity to 630,000 vehicles and creating about 12,000 jobs.
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