SK G oup ad NVIDIA expands strategic partnership with a $500 billion plus initiative spa ig AI factories ad ext-ge e atio memory.
SK Telecom will build a 2 gigawatt NVIDIA Ve a Rubi DSX AI Facto y to meet global computing demand.
NVIDIA ad SK hy ix sets up a log-pace ship to secure code development of ext-ge e atio AI memory, including HBM.
SAN FRANCISCO, July 24, 2026 (GLOBE NEWSWIRE) — AI Summit – SK Group and NVIDIA today committed a more than $500 billion cost team to build AI if they can address the proposed demand for global computing power. The two parties signed a letter to shape the agreement, which will benefit the costs of the AI memory supply.
NVIDIA Ve a Rubi If fast uctu ead DSX Platfo m D ive 2-Gigawatt BuildThe current result builds on the decades-old technology palette between SK Group and NVIDIA, with the Ece tly an old ced pla s for SK Telecom to build a 2 gigawatt scale AI Cloud i Ko ea.
This cloud uses the NVIDIA® DSX™ platform mad implement NVIDIA Ve a Rubi accelerated computing power powered by SK hy ix HBM4, with the first AI facto y to be released in 2027.
It will be built on the basis of the NVIDIA DSX full-stack AI facto ya chitectu e, which integrates NVIDIA accelerated computing, systems and software patent technologies to deliver the lowest toke costs with maximum efficiency.
The two companies aim to accelerate AI on a larger scale as the smart development, including sovereign, physical, age-related AI services, jointly adds to the icy AI demand in the Asia-Pacific region, including South Korea and others.
Rapidly accelerate AI at scaleThe partnership between SK Telecom and NVIDIA accelerates the adoption of NVIDIA-powered AI as it improves eadb oade’s customized access to advanced cloud services. The pate ship enables SK Telecom to expand AI as amazing at scale, while making capital AI as amazing available to a large number of customers.
Advanced Next-Ge e atio AI Memo ySK hy ix also complements a log-te m AI memory card with NVIDIA. As a follow-up measure to solidify the existing log-tem technical pattern, this agreement allows NVIDIA to secure a stable supply of external AI memory while allowing SK hy ix to expand its base.
The two companies will develop code to optimize external AI memory solutions, including HBM, to meet the evolving gif-ast uctu and requirements of a layered language model to age tic AI ads physical AI.
“In AI, competitiveness depends not only on how effectively AI is used, but also on the extent to which we can produce,” says SK Group Chai ma Chey Tae-wo. “According to SK Hyix’s AI Memorandum on SK Telecom’s AI Capabilities, SK will work with NVIDIA to build a world-class AI factory, enabling Koea to exit its role as the leading adopter of AI advertising and become a global hub driving AI innovation.”
“South Koea has all the potential to become a global AI energy company – two world-class, data centers, leading chip technology and massive scale,” said Je se Hua G, CEO of NVIDIA. “Together with SK Telecom and SK hy ix, we are building a new generation of AI factories that will power Korea’s next wave of growth.”
About SK G oupSK G oup, South Korea’s second largest co-glomeate, is a global technology and material leader providing si ovatios, products and advertising services through the artificial intelligence, semico-ductos, eegy, advertising-life sciences ecosystems. Headquartered in Seoul, SK has an extensive portfolio of companies with more than 175 affiliated companies and more than 100,000 employees worldwide. http://e g.sk.com
About NVIDIANVIDIA (NASDAQ: NVDA) is the global leader in AI advertising-accelerated computing.
Fo fu the i fo matio, co tact:Ra da Hello Co po ate Commu icatio sNVIDIA Co po atio p ess@ vidia.com
SK hy ix Fo wa d-Looki g Stateme tsThis p ess-lease may be accompanied by seemingly apparent explanations, which I result in. These following statements are based, among other things, on SK Hyix’s expectations, for example, the realization of possible benefits, advantages and the impact of advertising opportunities provided by the pattern described above. These statements generally correspond to words such as “may”, “will”, “I should”, “should”, “believe”, “expect”, “an anticipation”, “project”, “estimate” and similar expressions, or the negative of such expressions. These statements are not guarantees of future developments, depending on the requirements, requirements and other factors that may cause actual results to differ from those implied. We have made sure that you do not notice these following statements. These following statements apply only as of the date it appears. SK undertakes to update any of these apparent statements to reflect any events occurring after the date of this new agreement or to reflect actual outcomes, unless required by law.
This lease is for general purposes and does not constitute an offer to sell or the solicitation of an offer to buy any security or jurisdiction. No part of this contract may form the basis of, or be omitted in conjunction with, any contract, commitment, or decision.
NVIDIA Fo wa d-Looki g statementsThese statements include, but are not limited to, statements regarding: together with SK Telecom ad SK hy ix, NVIDIA will help accelerate Ko ea’s AI if it can build world-class AI factories that can calculate productivity improvement as quickly as possible; expectations regarding the growth, performance, availability and benefits of NVIDIA’s products, services and technologies, advanced add-ons; expectations regarding NVIDIA’s partnership with third parties, including SK Telecom; expectations regarding technological developments, excited extras; p ojected market g owth added; expectations regarding AI are elated; ad other statements describing other historical facts similar to the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which are subject to the “safe practice” established by that section It is based on management’s beliefs and is readily available to management depending on the risks that could cause results to differ materially from expectations. Important factors that could cause actual results to differ include: global economic and political conditions; NVIDIA’s elia ce o thi d pa tions to manufacture, assemble, package and test NVIDIA’s products; the impact of technological development on competition; development of new products and technologies that complement NVIDIA’s existing products and technologies; Accept NVIDIA’s products or NVIDIA’s products; design, manufacturing and software errors; demand issues; cha ges ii dust y sta da ds adi te faces; you expect any loss of performance from NVIDIA’s products or technologies connected to systems; NVIDIA’s ability to realize the potential benefits of corporate investments or acquisitions; Changes in applicable law, as well as other facts detailed from time to time in NVIDIA’s Most Valuable Files with the Securities Ad Exchange Commission, o SEC, including, but not limited to, the Fom 10-K Annual Repository and Fom 10-Q Quantity Repo ts. Copies of filings with the SEC are posted on the company’s website and are available without modification through NVIDIA. These following statements are not guarantees of forward-looking statements and speak only as of the date on which, except as required by law, NVIDIA disclaims any obligation to update these following statements to reflect future events.
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