Nvidia and SK Hynix Sign "Largest Memory Deal in History" for AI Infrastructure
Nvidia and SK Hynix have signed what is described as the largest memory deal in history, aiming to bolster AI infrastructure. Under the agreement, SK Hynix's subsidiary, SK Telecom, will construct a 2-gigawatt AI cloud data center in Korea, utilizing Nvidia's Vera Rubin Platform. Additionally, SK Hynix will supply Nvidia with high bandwidth memory (HBM), and the companies will collaborate on co-developing future AI memory technologies. An analysis suggests this partnership is poised to significantly benefit both companies' stock performance in the coming years.
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