Korean Chip Leaders Seal $950B U.S. Supply Pact Amid AI Push
TL;DR Summary
Samsung Electronics and SK hynix will supply U.S. tech firms, including Nvidia, in agreements totaling about $950 billion, announced during President Lee Jae Myung’s San Francisco visit, underscoring Korea’s role in AI-focused memory chips and signaling a bright economic outlook.
- South Korea chipmakers to supply US firms in $950 billion deals The Times of India
- Nvidia locks down memory supply from SK Hynix as part of $500 billion AI deal CNBC
- Samsung Elec, SK Group seal $950 bln deals as South Korea hosts AI powers Reuters
- Korea's chipmakers prepare big U.S. deals in Silicon Valley Yahoo Finance
- Nvidia to Invest $1 Billion in Naver and Expand SK Group Accord Bloomberg.com
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