Nvidia, SK Hynix Sign Multiyear AI Memory Deal
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- Nvidia and SK Hynix signed a multiyear deal to co-develop next-gen memory chips for AI factories, with SK Hynix set to supply memory for Nvidia's Vera Rubin platform and expand into infrastructure and physical AI
- Nvidia CEO Jensen Huang confirmed SK Hynix will remain its largest memory partner and said the AI infrastructure boom will last over a decade, per Seoul Economic Daily
- SK Hynix ordered $28.7 million in new equipment for next-gen HBM4 production, per The Korea Times, ramping capacity ahead of the partnership
- South Korea's science minister said the country will seek priority supply of Nvidia's Vera Rubin GPUs, per Reuters
- Naver will use Nvidia's DSX technology to build "gigawatt scale" AI factories, extending Nvidia's Korean footprint beyond SK Hynix to include Doosan and others
- SK Hynix and Samsung shares closed with heavy losses despite the deal announcement, per MarketWatch's headline — an angle most other outlets' celebratory titles bury
Why it matters: The multiyear pact cements SK Hynix as Nvidia's primary memory supplier for the Vera Rubin platform, directly addressing the AI memory bottleneck that The Next Web called the industry's "toughest." Nvidia simultaneously broadened its Korean footprint to Naver's gigawatt-scale AI factories while Seoul secured priority Vera Rubin GPU access — a rare three-way alignment of supplier, buyer, and national interest in a single visit.
