Nvidia Outlines $500 Billion Partnership with SK Group on AI Chips and Infrastructure

NVDA-5.52%
SK-1.11%
SKHY-9.57%
SKHYV-0.98%
According to Jensen Huang in a Bloomberg podcast interview, Nvidia and SK Group have inked a strategic partnership with a collaboration scope of $500 billion across memory chip procurement, AI supercomputers, and data center development. Nvidia will commit to multi-year purchases of memory chips from SK Hynix and jointly advance high-bandwidth memory (HBM) technology generations from HBM2 through HBM4E. SK Telecom separately plans to scale its AI cloud infrastructure to 2 gigawatts, with Nvidia supplying corresponding supercomputer systems.
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