Nvidia seals SK Hynix memory pact to power AI infrastructure
TL;DR Summary
Nvidia announced a multiyear deal to secure SK Hynix’s high-bandwidth memory, potentially worth about $500 billion, to fuel its AI GPUs and large-scale data centers planned for 2027. The agreement includes SK Telecom building a cloud business with Nvidia’s Vera Rubin systems, and Nvidia’s broader push to secure memory amid a global shortage, signaling AI infrastructure growth beyond a handful of hyperscalers and involving other major players like Samsung and Naver’s cloud investment.
- 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
- At AI Summit, South Korea Outlines Its AI Future With NVIDIA and Partners NVIDIA Blog
- Samsung, SK Hynix to Ink Large Chip Supply Deals With US Firms Bloomberg.com
- Lee’s San Francisco declaration casts Korea as hub for building, using and sharing AI The Korea Herald
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