US-Korea Energy Deals
Latest in US-Korea Energy Deals· Nov 2
OpenAI CEO Sam Altman visited South Korea unannounced to meet Samsung and SK Group executives, signaling the company's push to secure advanced semiconductor supply outside the US amid tightening global chip availability. The move reflects OpenAI's strategy to reduce dependence on any single supplier and hedge against export restrictions, directly lowering AI infrastructure costs if diversified sourcing succeeds. Altman's unannounced approach underscores the competitive urgency: US AI firms face rising capex pressure as chip scarcity persists, making direct relationships with South Korean manufacturers—the world's largest producers of advanced semiconductors—essential to maintaining development velocity.
US diplomatic efforts to secure energy infrastructure investments and LNG export agreements with South Korea and other Asian partners.
4 events tracked
- Single source10 days ago
Altman visits South Korea unannounced to meet Samsung, SK Group
Sam Altman visits South Korea to deepen OpenAI's chip partnerships as the company secures semiconductor supply.
CNBC
- Single source20 days ago
U.S. government secures stake in Japanese-backed chip plant
U.S. government secures equity stake in Japan-funded semiconductor manufacturing deal in America.
The New York Times
- Single sourceabout 1 month ago
Trump pursues South Korean backing for Alaska liquefied natural gas venture
Trump seeks South Korean participation in Alaska LNG project; Seoul expresses caution over involvement.
CNBC
- Reported by 2 outletsabout 1 month ago
Trump pitches Alaska liquefied natural gas venture to South Korea investors
Trump offers Alaska gas project to South Korea as part of broader investment package.
CNBC · The New York Times