Three billionaires dropped by a fried-chicken joint-and Jensen Huang bought everyone dinner | Fortune
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Three billionaires dropped by a fried-chicken joint-and Jensen Huang bought everyone dinner | Fortune
"On Thursday evening, Nvidia CEO Jensen Huang joined Samsung Electronics executive chairman Lee Jae-yong and [hotlink]Hyundai Motor[/hotlink] Group executive chair Chung Eui-sun for fried chicken and beer at a small restaurant in Seoul's Gangnam District.The outing-which appeared, according to local reports, to be equal parts publicity stunt, cultural gesture, and celebration of potential new AI partnerships-drew throngs of spectators with flashing cameras and sent South Korean fried-chicken stocks soaring."
"Huang, dressed in his signature black leather jacket, chatted freely with fans and repeatedly left his billionaires table to hand out food to passersby, telling reporters, "I love fried chicken and I love beer, and I love fried chicken and beer with my friends." Their table was conspicuously positioned near the restaurant's front windows, offering onlookers a clear view of the three billionaires clinking glasses and linking arms for a toast."
"By the next morning, the hype had spilled into the markets. Kyochon F&B, one of South Korea's largest fried-chicken chains, saw its shares jump as much as 20%. Poultry processor Cherrybro Co. hit the daily trading limit with a 30% surge, while Neuromeka-a company that manufactures chicken-frying robots-also rallied. Kkanbu Chicken itself is privately held, but its staff said sales across the franchise spiked after the news broke, with some outlets reportedly selling out of fried chicken."
Nvidia CEO Jensen Huang dined with Samsung Electronics executive chairman Lee Jae-yong and Hyundai Motor Group executive chair Chung Eui-sun at a small Gangnam fried-chicken restaurant, sharing platters and beer. Huang engaged with fans, handing out food and saying he loves fried chicken and beer with friends. The trio's visible table and linked-arm toast drew large crowds and viral social-media clips, described locally as a "Jensanity" moment. The event triggered immediate market reactions: shares of fried-chicken chains and related suppliers surged and Kkanbu Chicken franchises reported higher sales, with some outlets reportedly selling out.
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