Woofun AI reports that Kim Yong-beom, Chief of the Presidential Policy Office, confirmed Samsung Electronics and SK Hynix will execute significant agreements with major U.S. technology firms during President Lee Jae-myung's visit to Silicon Valley. These arrangements involve substantial funding and may encompass long-term memory chip supply contracts, strategic investment partnerships, and memorandums of understanding, though specific financial figures remain undisclosed. Kim characterized the presidential visit as a catalyst for concluding prolonged negotiations between South Korean and American entities. President Lee Jae-myung departed for the United States on Friday to attend an artificial intelligence summit and engage in discussions with NVIDIA CEO Jensen Huang, OpenAI founder Sam Altman, Anthropic co-founder Dario Amodei, and Broadcom CEO Tan Hock Eng.