Nvidia has announced a sweeping set of partnerships with some of South Korea's largest companies, deepening its grip on the supply chain and infrastructure behind the artificial-intelligence boom.
According to Reuters, Nvidia on Monday, June 8, unveiled a series of deals with Korean tech giants including SK Hynix and Naver, as the chipmaker looks to secure crucial supplies. The Wall Street Journal framed the moves as deals with "Korean tech titans" for an AI infrastructure buildout.
At the center is memory. Nvidia and SK Hynix announced a multiyear technology partnership to advance memory for what Nvidia calls "AI factories." According to Moneycontrol, the pact will help SK Hynix diversify into new arenas spanning infrastructure and physical AI, as well as memory for Vera Rubin, described as Nvidia's most powerful accelerator.
The deals extend beyond chips. Per Nvidia's own announcements, SK Telecom and Nvidia are building AI infrastructure to power Korea's AI innovation, while Nvidia and the Doosan Group are collaborating on physical AI and AI factory infrastructure.
The news landed against a jittery market. According to Moneycontrol, Nvidia CEO Jensen Huang said a recent AI-driven tech stock selloff offers a buying opportunity even as Nvidia and SK Hynix deepen their partnership on next-generation AI memory chips. Yahoo Finance noted the agreements prompted a fresh valuation check on Nvidia's stock following the major South Korea memory and data-center deals.
Why it matters: high-bandwidth memory is the bottleneck for advanced AI systems, so by tying itself more tightly to South Korea's manufacturing heavyweights, Nvidia is working to guarantee the supplies and infrastructure that the entire AI industry depends on.