Nvidia and SK Group unveil $500B+ AI infrastructure partnership

SK Group and Nvidia announced on July 24 a partnership valued at more than $500 billion to build out AI infrastructure across South Korea, formalized with letters of intent on July 25 spanning AI factory construction and next-generation memory supply. SK Telecom will build a 2-gigawatt AI factory using Nvidia's DSX platform and Vera Rubin accelerated computing powered by SK hynix HBM4 memory, with the first facility targeted to come online in 2027, while SK hynix signed a long-term agreement to secure Nvidia's supply of next-generation AI memory. SK Group Chairman Chey Tae-won framed the deal as a push to produce intelligence rather than merely consume it, in what ranks among Asia's largest AI infrastructure commitments to date.