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NVIDIA Secures SK Hynix Memory Supply as Part of USD500B AI Deal
27 Jul 2026 09:10
NVIDIA Corporation (NVDA.US) said it has secured AI memory supply from South Korea's SK Hynix to lock in key component supply for its advanced processors and systems.

NVIDIA announced the agreement in San Francisco last Friday (24th), saying the deal could be worth as much as USD500 billion over multiple years and includes the construction of a large-scale data center expected to commence operations in 2027.

SK Telecom, a unit of SK Hynix, will use NVIDIA's Vera Rubin systems to build cloud operations. NVIDIA said the target capacity will require 2 gigawatts of electricity, implying the large-scale deployment of hundreds of thousands of GPUs.
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