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Nvidia commits $500 billion to South Korea's SK Group for AI

26 July 2026 · in 80 words

Nvidia commits $500 billion to South Korea's SK Group for AI

Nvidia CEO Jensen Huang announced a $500 billion partnership with South Korean conglomerate SK Group for AI infrastructure. The deal is crucial because SK Group owns SK Hynix, a major producer of high-bandwidth memory, a key component for advanced AI systems. Nvidia's wider strategy in South Korea includes investments in Naver and a self-driving car project with Hyundai.

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