Nvidia signs AI deals with SK Hynix, Hyundai, LG, Naver in Seoul

Nvidia CEO Jensen Huang concluded a four-day trip to South Korea with multiple AI-focused partnerships, including agreements with SK Hynix, Hyundai, LG, Naver, and SK Telecom. The most significant deal involved SK Hynix, the world’s largest memory chip producer, committing to develop advanced memory solutions tailored for Nvidia’s AI data centers globally. The partnership, spanning over two years, ensures a steady supply of memory chips, with Nvidia already purchasing billions of dollars’ worth and expecting further increases. Huang emphasized that memory is no longer a commodity but a customized component for AI architectures, citing SK Hynix’s role as Nvidia’s largest memory partner. SK Telecom will construct a gigawatt-scale AI cloud infrastructure in South Korea using Nvidia’s technology, with the first data center operational by 2027. Meanwhile, LG Group agreed to collaborate with Nvidia on electronics, mechanics, and AI for humanoid robots, covering data center architecture, cooling, and power distribution. Hyundai’s partnership focuses on autonomous mobility, robotics, and AI manufacturing, following discussions with executive chairman Euisun Chung. Nvidia also announced plans to establish an 'AI Valley' in South Korea’s Saemangeum region, positioning it as a hub for AI innovation akin to America’s Silicon Valley. The deals highlight South Korea’s push to strengthen its AI capabilities through strategic tech alliances. SK Hynix’s commitment ensures Nvidia’s AI hardware supply chain remains robust, while SK Telecom’s data center project aligns with the country’s digital transformation goals. LG and Hyundai’s involvement underscores broader applications of AI in robotics and autonomous systems. Huang’s visit, which included meetings with industry leaders and cultural activities, reinforced Nvidia’s global expansion strategy in AI infrastructure.