Nvidia (NVDA) Stock: What the $500 Billion SK Hynix Deal Means for HBM Supply
TLDR
- Nvidia and SK Group announced a partnership valued at over $500 billion to build AI infrastructure.
- SK Telecom will build a 2-gigawatt AI factory using Nvidia’s Vera Rubin systems powered by SK Hynix HBM4 memory.
- The first facility is expected to come online in 2027.
- Nvidia will also invest $1 billion into Korean cloud company Naver for data center expansion.
- In a separate deal, Samsung signed a $200 billion MOU with Broadcom covering memory and foundry technologies.
Nvidia has secured a long-term AI memory supply agreement with South Korea’s SK Hynix, part of a broader partnership with SK Group valued at over $500 billion. The deal was announced late Friday at an AI summit in San Francisco, attended by South Korean officials including President Lee Jae Myung.
NVDA stock closed at $206.84, down 0.92% on the day, with after-hours trading showing minimal movement.
The agreement covers AI factory construction and AI memory supply. SK Telecom, an SK Group affiliate, will build a 2-gigawatt AI cloud facility using Nvidia’s DSX platform and Vera Rubin accelerated computing. That facility is expected to come online in 2027.
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