On July 24, Kim Yong-beom, the chief of the policy office at the South Korean presidential office, disclosed that during South Korean President Lee Jae-myung's upcoming visit to Silicon Valley, Samsung Electronics and SK Hynix are set to sign significant agreements entailing "substantial" financial commitments with leading American tech companies. The agreements may encompass new long-term memory chip supply contracts, strategic cooperation investments, and memoranda of understanding, among other aspects, though the exact figures have not been made public. Kim emphasized that Lee Jae-myung's visit has been instrumental in advancing long-term negotiations between South Korean and American enterprises. Lee Jae-myung set off for the United States on Friday, with plans to participate in an artificial intelligence summit and hold individual meetings with NVIDIA CEO Jensen Huang, OpenAI founder Sam Altman, Anthropic co-founder Dario Amodei, and Broadcom CEO Hock Tan.