Nvidia → SK Hynix: $500B chips & hardware

Nvidia-SK: $500 billion initiative on memory and data centers. Nvidia and SK sign a multi-year initiative of up to ~$500 billion: HBM4 supply for Vera Rubin, memory co-development and a 2 GW SK Telecom data center with Nvidia systems from 2027.

Date

Jul 24, 2026

Paid by

Nvidia

Received by

🇰🇷 SK Hynix

Type

Chips & hardware

Amount

$500B

Status

in talks

Note

initiative up to ~$500 billion (letters of intent), cash flows not detailed

See on the map