Nvidia Secures Memory Supply with SK Hynix for $500 Billion AI Deal
Nvidia has secured long-term supply of high-bandwidth memory (HBM) from South Korea's SK Hynix, a critical component in its advanced GPUs and AI systems. The deal is part of an expansive agreement potentially worth up to $500 billion over several years, including the development of large-scale data centers expected by 2027. SK Telecom, an affiliate of SK Hynix, will build cloud infrastructure using Nvidia's Vera Rubin systems as part of this collaboration. The deal also includes co-development opportunities for next-generation AI memory and is a sign that major conglomerates are increasingly involved in large-scale AI infrastructure beyond traditional hyperscalers. In addition to the SK Hynix agreement, Nvidia announced a $1 billion investment into Naver, a Korean cloud company building data centers around its GPUs. This move aims to provide early access for potential customers before 200 megawatts of capacity is completed.
Topics: AI Data Centers Memory Shortage Partnership