SK Group and NVIDIA have signed letters of intent for a partnership exceeding $500 billion, covering AI factory construction and AI memory supply.
SK Telecom plans to build a 2-gigawatt-scale AI Cloud in Korea, running on the NVIDIA DSX platform with NVIDIA Vera Rubin accelerated computing and SK hynix HBM4 memory. The first AI factory is scheduled to come online in 2027. The DSX architecture integrates NVIDIA accelerated computing, systems, software, and partner technologies.
The infrastructure will serve sovereign, agentic, physical, and enterprise AI workloads across the Asia-Pacific region, including South Korea.
Separately, SK hynix is entering an AI memory partnership with NVIDIA. The agreement gives NVIDIA a stable supply of AI memory and builds on an existing technical partnership between the two companies. They will co-develop next-generation AI memory solutions, including HBM, for workloads ranging from large language model training to agentic AI and physical AI.
“In the AI era, competitiveness depends not just on how effectively AI is utilized, but on how much intelligence we can produce,” said SK group chairman Chey Tae-won. “By leveraging SK hynix’s AI memory and SK Telecom’s AI infrastructure capabilities, SK will collaborate with NVIDIA to build a world-class AI factory, helping Korea transcend its role as a leading adopter of AI and become a global hub that drives AI innovation.”
“South Korea has all the ingredients to become a global AI powerhouse – world-class networks and data centers, leadership in chip technology and vast industrial scale,” said Jensen Huang, founder and CEO of NVIDIA. “Together with SK Telecom and SK hynix, we are building a new generation of AI factories that will power Korea’s next wave of growth.”
Source: NVIDIA
About SK Group
SK Group is a South Korean business group headquartered in Seoul. Founded in 1953, it operates more than 150 affiliated companies in several industries. Its businesses produce semiconductors, memory chips, batteries, chemicals, energy products and industrial materials. SK Group also invests in AI, energy infrastructure and life sciences. Its customers include electronics manufacturers, automakers, energy buyers, telecommunications users, pharmaceutical companies and government agencies. Major affiliates include SK hynix, SK Telecom, SK Innovation, SK On and SK bioscience. The group employs more than 100,000 people worldwide.
About NVIDIA
NVIDIA, founded in 1993 and headquartered in Santa Clara, CA, designs and manufactures graphics processing units, systems on chips, networking hardware, and AI intelligence software such as CUDA. Its products serve industries including gaming, data centers, autonomous vehicles, professional visualization, robotics, health care, and energy. The company introduced the GPU in 1999 and later expanded into accelerated computing and AI infrastructure. In gaming, its GPUs support high-performance rendering, while in AI and high-performance computing, its systems provide the infrastructure for training and deploying large-scale models. NVIDIA also develops tools for robotics and autonomous driving.