Nvidia Clinches South Korea AI Deals, Led by Multiyear SK Hynix Memory Pact
Nvidia announced a series of partnerships in South Korea during Chief Executive Officer Jensen Huang’s Seoul visit, centered on a multiyear agreement with SK Hynix to develop next-generation memory for AI factories and accelerate semiconductor design and manufacturing. The company also said Naver will use Nvidia technology for data centers and AI factories, while Nvidia is working with LG on humanoid robots and data centers.
The deals deepen Nvidia’s ties to South Korean suppliers and customers as it seeks crucial memory chips for its AI systems and broader demand for them. Huang also met Samsung chip chief Jun Young-hyun to discuss HBM4, HBM4E, HBM5 and foundry work, and said partnerships with SK Hynix and SK Telecom could bring hundreds of billions of dollars of business to South Korea; he has separately warned supply bottlenecks from wafers to packaging and silicon photonics could last for years.
From the sources (25 posts)
@financialjuiceNvidia CEO Jensen Huang: We might reveal some announcements tomorrow
@financialjuiceSouth Korea-Nvidia CEO Jensen Huang: Possible announcements tomorrow - Channel 4 livestream
@financialjuiceHuang to meet Samsung Vice Chairman Jun tomorrow
@stockmktnewzNvidia CEO Jensen Huang will meet with Samsung's Vice Chairman tomorrow
@financialjuiceNvidia CEO Jensen Huang: Memory shortage to continue for several years
@stockmktnewzNvidia CEO Jensen Huang just said that he thinks the memory shortage will last for several more years
@financialjuiceNvidia CEO Huang, SK Chairman Chey to reveal cooperation plan Monday - Newsis
@firstsquawkNvidia CEO Huang, SK Chairman Chey to reveal cooperation plan Monday - Newsis
@jukan05Jensen Huang: “Demand is enormous. From wafers to silicon photonics and cable connectors, everything across the entire industry supply chain is in short supply.”
@stocksavvyshay$NVDA CEO Jensen Huang says he expects the memory shortage to last several more years. HBM uses far more wafer capacity than regular DRAM and depends on advanced packaging so even $MU, Samsung and SK Hynix cannot fix supply just by adding
@zephyr_z9RT @jukan05: Jensen Huang: “Demand is enormous. From wafers to silicon photonics and cable connectors, everything across the entire industr…
@cnbcNvidia, SK to detail cooperation plan as Huang flags prolonged chip shortage
@stocksavvyshay$NVDA CEO Jensen Huang says demand remains enormous with shortages spanning everything from wafers to silicon photonics and cable connectors. He also teased that Nvidia may have additional announcements coming tomorrow.
@businessNvidia's Jensen Huang said the company's new Vera central processing units will use SK Hynix memory chips, as the two companies prepare to do more business in the coming year
@reutersNvidia, SK to detail cooperation plan as Huang flags prolonged chip shortage
@reutersNvidia, SK to detail cooperation plan as Huang flags prolonged chip shortage
@stockmktnewzNVIDIA $NVDA CEO JENSEN HUANG JUST SAID THE MEMORY SHORTAGE WILL PERSIST FOR "QUITE A FEW YEARS" He made the comments ahead of a planned partnership announcement between Nvidia and SK Hynix on Monday. On the shortage, Jensen Huang said:
@stocksavvyshayRT @StockSavvyShay: $NVDA CEO Jensen Huang says he expects the memory shortage to last several more years. HBM uses far more wafer capacit…
@beth_kindigSK Hynix Chairman Chey Tae-won believes the memory shortage could continue until 2030, with SK Hynix planning to double its memory wafer capacity over the next five years to help meet demand. $MU $NVDA $AMD
@financialjuiceNvidia, SK Hynix to jointly develop memory for Nvidia Vera Rubin, Vera CPU, RTX Spark, Jetson Thor
@jukan05*SK Hynix and NVIDIA Announce Multi-Year Technology Partnership
@financialjuiceSK hynix: Collaborating on next-generation memory with Nvidia for global AI factories
@financialjuiceSK hynix: Long-term collaboration ensures steady supply amid lengthy advanced memory development cycles
@jukan05
@financialjuiceSK Hynix: to expand into new sectors including personal and physical AI through partnership