The Korea Times

Nvidia, SK hynix sign multiyear deal for AI factories

Nvidia and SK hynix said Monday they have entered into a multi-year technology partnership to advance next-generation memory technologies for artificial intelligence (AI) factories. "We made a very significant and long-term partnership with SK," Nvidia Chief Executive Officer (CEO) Jensen Huang told reporters at the SK Group headquarters in Seoul. Huang said the two companies will jointly develop technology road maps and deepen their collaboration beyond traditional memory development. SK Group Chairman Chey Tae-won also said the partnership marks a new phase in cooperation between the companies. "Most of our cooperation so far has centered on memory, but from now on we will elevate our partnership to a higher level," Chey said. SK hynix said the partnership will broaden its presence in emerging AI sectors, including personal AI and physical AI, while helping ensure a stable supply of advanced memory products despite lengthy development cycles. "We are in the beginning of the AI revolution," Huang said, adding that the long-term outlook for AI remains extremely promising. Huang also said Nv