SK Group commits $750B in chips to Nvidia and US tech
Korea's SK Group signs $750B in long-term AI memory deals — $500B+ of it tied directly to Nvidia.
South Korea just wired itself deeper into the US AI stack. SK Group agreed to pursue $750 billion in long-term advanced memory-chip supply partnerships with Nvidia and other US tech firms, built around five-year purchase agreements.
The centerpiece: an SK Hynix–Nvidia tie-up worth $500 billion+, covering next-gen memory supply and joint development of high-bandwidth memory (HBM) for AI training, AI agents, and physical AI. Separately, Samsung inked an MoU with Broadcom worth up to $200 billion across memory, foundry, and packaging — pushing the combined Korea–US total near $950 billion.
The deals landed as South Korea hosted a summit drawing Nvidia's Jensen Huang, OpenAI's Sam Altman, and the chairmen of Samsung and SK. HBM remains the single biggest bottleneck in the AI buildout, and this locks up years of supply for the companies racing to scale data centers.
Why it matters: Korea's memory giants are now structurally fused to America's AI boom — securing the scarcest component in the entire GPU supply chain.
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