Altman meets ~50 Samsung executives in Korea to discuss chips and AI infrastructure

OpenAI CEO Sam Altman met with roughly 50 senior executives of Samsung Electronics on the afternoon of October 31, 2026 in Yongin, South Korea, in a meeting focused on memory chip supply and AI infrastructure collaboration, according to a Bloomberg report cited by IT之家. A Samsung statement said Altman held talks with executives from the company's electronics, financial, and biotech businesses, and that the two sides also discussed how AI will shape industry structure, corporate decision-making, and business development over the next decade.

The meeting took place as a global memory chip shortage intensifies. Supply shortfalls across multiple memory product categories are pressuring the global electronics industry and driving sharp price increases, while steady growth in data center construction has intensified competition among operators for available chips. Five leading AI infrastructure companies reportedly plan to invest more than $3 trillion over the coming years, and memory chips account for roughly one-third of total data center spending.

South Korea holds a leading position in advanced memory chip manufacturing, and AI adoption among local enterprises and consumers is accelerating. Since last year, Nvidia CEO Jensen Huang and AMD CEO Lisa Su have each visited South Korea twice to strengthen supply chain ties. Multiple tech industry executives have warned that chip manufacturing capacity will struggle to meet rising demand. The meeting is a continuation of prior cooperation efforts between the two parties.