SK Hynix

Semiconductors · AI Infrastructure · Memory

Partnership

SK Hynix and Nvidia sign $500B+ HBM supply, AI factory pact

The pact rests on non-binding letters of intent, leaving actual dollar commitments and delivery timelines undefined for now.

• SK Group and NVIDIA announced a partnership valued at more than $500 billion, signing letters of intent covering AI factory construction and long-term AI memory supply.
• SK hynix is the leading supplier of HBM by yield and volume, making it NVIDIA's key partner for the high-bandwidth memory that feeds AI accelerators.
• SK Telecom will build a 2-gigawatt AI Cloud in Korea on NVIDIA's DSX platform running Vera Rubin compute powered by SK hynix HBM4, with the first facility due online in 2027.
• The $500B-plus figure covers letters of intent rather than a signed contract; neither company has disclosed a breakdown, payment schedule, or contract period.
• Days earlier, Samsung and SK hynix separately signed roughly $950 billion in long-term AI chip supply deals with Broadcom, NVIDIA and Microsoft.
• By directing a heavy share of SK hynix's HBM output toward its own roadmap, NVIDIA tightens memory supply for rival AI chipmakers and cements its position across the entire AI stack, from GPUs to the memory that feeds them.
• The deal lands amid a broader wave of memory consolidation, including Samsung's expanded collaboration with Broadcom on memory and foundry technology.