Nvidia announces a set of deals in South Korea with major technology and conglomerate groups, including SK Hynix and Naver, as part of its effort to expand AI infrastructure. The announcements come amid a broader industry shortage of memory chips used to run AI data centres. Multiple outlets link the deals to rising demand for computing components needed for AI systems and the associated strain on suppliers. The Hindu notes that the data-centre buildout has contributed to a global memory-chip shortage, benefiting manufacturers such as SK hynix and rival Samsung Electronics as profits rise. Japan Times similarly reports that Nvidia’s agreement—also described as involving SK Group—aims to help maintain supply levels consistent with Nvidia’s plans. Daily Sabah frames the moves as a way for Nvidia to secure crucial memory capacity for the AI boom. Across the reports, the deals are presented as commercial partnerships intended to support AI hardware and data-centre development, with the memory-chip market central to the timing and rationale.
Nvidia announces AI-related deals with South Korean companies amid memory chip demand
Nvidia announces a set of deals in South Korea with major technology and conglomerate groups, including SK Hynix and Naver, as part of its effort to expand AI infrastructure. The announcements come am...
- Nvidia announces deals in South Korea involving major local companies, including SK Hynix and Naver.
- The deals are linked to the expansion of AI infrastructure and data-centre development.
- Sources cite a global shortage of memory chips needed for AI workloads.
- Chipmakers such as SK hynix and Samsung are described as benefiting amid strong demand.
- The agreements are presented as helping ensure memory chip supply matches Nvidia’s expansion plans.
Chip giant Nvidia on Monday announced a series of deals in South Korea with major tech companies, including SK Hynix and Naver, as it looks to secure crucial memory chips to powe...
2 months agoThe agreement, which comes as memory chipmakers have been straining to keep up with demand, would enable supply to keep pace with Nvidia's plans.
2 months agoThe race to build AI data centres has created a global shortage of memory chips, sending profits skyrocking for manufacturers like SK hynix and rival Samsung Electronics
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