{"id":100918,"date":"2026-07-24T20:15:54","date_gmt":"2026-07-25T00:15:54","guid":{"rendered":"https:\/\/tvdelmarva.com\/wp\/nvidia-and-sk-group-announce-500-billion-plus-ai-data-center-and-memory-deal\/"},"modified":"2026-07-24T20:15:54","modified_gmt":"2026-07-25T00:15:54","slug":"nvidia-and-sk-group-announce-500-billion-plus-ai-data-center-and-memory-deal","status":"publish","type":"post","link":"https:\/\/tvdelmarva.com\/wp\/nvidia-and-sk-group-announce-500-billion-plus-ai-data-center-and-memory-deal\/","title":{"rendered":"Nvidia and SK Group Announce $500 Billion-Plus AI Data Center and Memory Deal"},"content":{"rendered":"\n
\"\"<\/figure>\n\n\n

Nvidia and South Korea’s SK Group have jointly announced an artificial intelligence initiative valued at over $500 billion, covering both large-scale AI data centers and cutting-edge memory technology, according to Nvidia.<\/p>

At the heart of the deal is a long-term agreement between Nvidia and SK Hynix aimed at locking in a supply of next-generation memory for Nvidia’s needs. The two companies also plan to work together to develop high-bandwidth memory designed for AI training, AI agents, and physical AI applications.<\/p>

Under the terms of the initiative, SK Telecom intends to construct a 2-gigawatt AI data center that will run on Nvidia’s Vera Rubin chips alongside SK Hynix’s HBM4 high-bandwidth memory. Nvidia said the first facility from that project is expected to go live in 2027.<\/p>

In a separate but related announcement, Nvidia said it is partnering with Naver and Brookfield to expand Naver’s existing AI data center located in South Korea.<\/p>","protected":false},"excerpt":{"rendered":"

Technology giant Nvidia and South Korea’s SK Group have announced a massive artificial intelligence initiative worth more than $500 billion. The deal covers large-scale AI data centers and next-generation memory technology. A separate expansion of an existing AI data center in South Korea is also in the works.<\/p>\n","protected":false},"author":4,"featured_media":100917,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":true,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[834],"tags":[],"class_list":["post-100918","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business"],"jetpack_publicize_connections":[],"jetpack_featured_media_url":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/07\/news-1784938554323.jpg?fit=450%2C300&ssl=1","jetpack_shortlink":"https:\/\/wp.me\/pbtNqq-qfI","jetpack-related-posts":[{"id":75361,"url":"https:\/\/tvdelmarva.com\/wp\/south-korean-tech-giant-plans-major-expansion-of-memory-chip-production\/","url_meta":{"origin":100918,"position":0},"title":"South Korean Tech Giant Plans Major Expansion of Memory Chip Production","author":"Admin","date":"June 2, 2026","format":false,"excerpt":"The head of South Korea's SK Group announced plans to double wafer production capacity at its memory chip division over the next five years. The announcement came during a major technology conference in Taiwan where industry leaders are discussing the growing demand for AI-related components.","rel":"","context":"In "Business"","block_context":{"text":"Business","link":"https:\/\/tvdelmarva.com\/wp\/category\/business\/"},"img":{"alt_text":"","src":"https:\/\/i0.wp.com\/tvdelmarva.com\/wp\/wp-content\/uploads\/2026\/06\/news-1780388566757.jpg?fit=450%2C300&ssl=1&resize=350%2C200","width":350,"height":200},"classes":[]},{"id":83285,"url":"https:\/\/tvdelmarva.com\/wp\/sk-hynix-ships-next-gen-ai-memory-chip-samples-to-major-customers\/","url_meta":{"origin":100918,"position":1},"title":"SK Hynix Ships Next-Gen AI Memory Chip Samples to Major Customers","author":"Admin","date":"June 17, 2026","format":false,"excerpt":"South Korean chipmaker SK Hynix has begun sending samples of its latest high-bandwidth memory chips to major customers. 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