Jensen Huang, chief govt officer of Nvidia Corp., speaks to members of the media following the corporate’s “Japan AI Ecosystem” reception in Tokyo, Japan, on Thursday, July 16, 2026.
Kiyoshi Ota | Bloomberg | Getty Images
Nvidia stated it is secured AI memory provide from South Korea’s SK Hynix, as the chipmaker tries to lock in a key part for its superior processors and methods.
The settlement, introduced late Friday in San Francisco, may very well be price $500 billion over a quantity of years, and contains the development of large-scale information facilities anticipated to come back on-line in 2027, Nvidia stated.
SK Hynix affiliate SK Telecom will construct a cloud enterprise utilizing Nvidia’s Vera Rubin methods. Nvidia stated it is focusing on sufficient capability to require 2 gigawatts of energy, which signifies a large buildout with tons of of hundreds of graphics processing items.
In a separate deal, South Korean large Samsung Electronics stated it signed a memorandum of understanding with chip designer Broadcom to broaden their collaboration throughout memory and foundry applied sciences. The deal, price an estimated $200 billion, would assist help the following technology of AI infrastructure, Samsung stated in a statement.
Nvidia is aggressively securing provide of high-bandwidth memory, which is important for its GPUs and methods, as the AI growth has created a world memory scarcity. SK Hynix is the leader in HBM production, based on analysts.
“The expansion will include a co-develop opportunity for us on the next-generation SK Hynix AI memory, and this will help us secure a stable supply of HBM memory,” Raj Mirpuri, Nvidia enterprise vp, stated on a name with reporters.
The settlement can also be an indication that large AI infrastructure buildouts are shifting past a handful of hyperscalers, with overseas governments and big conglomerates beginning to become involved.
The deal was introduced at an AI summit in San Francisco with South Korean officers together with President Lee Jae Myung.
Nvidia additionally stated Friday that it might make investments $1 billion into Naver, a Korean cloud firm constructing information facilities round its GPUs. Nvidia stated the undertaking would supply a chance for potential prospects in South Korea and world wide to safe AI computing capability earlier than the 200 megawatts of capability is accomplished.
SK Hynix, South Korea’s second most dear firm, listed on the Nasdaq earlier this month as part of an effort to finance infrastructure developments.
– CNBC’s Azhar Sukri contributed to this story.
