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NVIDIA Inked A $500 Billion Agreement With SK hynix, And Then Jensen Huang Asked For "One More Beer"
NVIDIA's recent $500 billion agreement with SK hynix marks a significant milestone in AI and cloud collaboration. The deal includes a co-development opportunity for next-gen High Bandwidth Memory (HBM) and a substantial investment in Naver, a South Korean cloud company. This venture solidifies NVIDIA's strategic positioning in accessing critical resources and shaping the future of AI infrastructure in collaboration with key players like Samsung and Broadcom. The backdrop of this agreement at a crucial AI summit underscores the importance of partnerships in driving technology advancements.
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Published 25 Jul 2026, 14:20 UTC3 min read
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Summary
TL;DR
- NVIDIA inks a $500 billion deal with SK hynix.
- Agreement includes co-development of next-gen HBM.
- NVIDIA will invest $1 billion in South Korean cloud firm Naver.
- At least $750 billion worth of LTAs and MOUs signed at the summit.
- Samsung and Broadcom signed a $200 billion MOU for collaboration.
Interesting facts
- This agreement may significantly influence the future supply of advanced memory technologies worldwide.
- The family dinner hosted by South Korea's President showcased the camaraderie among leading tech companies.