Nvidia, SK Group sign 500 billion-won AI memory partnership

In a major move to secure its supply chain and expand global artificial intelligence infrastructure, Nvidia has entered a strategic partnership with South Korea's SK Group valued at over 500 billion won. The agreement, announced on July 25, 2026, at an AI summit in San Francisco, focuses on AI memory supply and the construction of massive new data centers. The announcement was attended by South Korean President Lee Jae Myung and other dignitaries.

The partnership encompasses two primary components: a long-term memory supply agreement with SK Hynix, SK Group's semiconductor arm, and a plan for SK Telecom to build a 2-gigawatt AI data center facility in South Korea. This facility will utilize Nvidia's DSX platform and its upcoming Vera Rubin accelerated computing architecture, powered by SK Hynix's next-generation HBM4 memory. The first phase of this "AI factory" is slated to become operational in 2027.

Nvidia's enterprise vice president, Raj Mirpuri, stated that the expansion includes a co-development opportunity on next-generation SK Hynix AI memory, which will help secure a stable supply of high-bandwidth memory (HBM). The companies will collaborate on developing and optimizing...