Nvidia and SK Group Ink $500B AI Infrastructure Deal
Nvidia and South Korea's SK Group signed letters of intent for a $500 billion-plus AI infrastructure and memory-chip partnership, including a new 2-gigawatt AI factory.
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Every AI News story tagged with both AI Chips and SK Hynix — the two topics side by side, updated as new articles publish.
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Nvidia and South Korea's SK Group signed letters of intent for a $500 billion-plus AI infrastructure and memory-chip partnership, including a new 2-gigawatt AI factory.
Read more →President Lee Jae Myung unveiled a sweeping national strategy on June 29, committing at least $880 billion from Samsung, SK Hynix, and major Korean conglomerates to semiconductors, AI infrastructure, and data centers through 2035.
Read more →South Korea's leading chipmaker SK Hynix plans to raise $29.4 billion via a Nasdaq ADR offering — which would be the largest in history — to fund new AI memory production capacity.
Read more →The South Korean chipmaker behind more than half the world's HBM memory—the critical component inside AI accelerators—is seeking $29.4 billion on Nasdaq to fund four new semiconductor plants.
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