Nvidia locks in $500B deal with SK Group to dominate AI infrastructure

Nvidia just signed one of the largest tech partnership agreements in recent memory. On July 25, 2026, the chipmaker and South Korea’s SK Group inked letters of intent for a collaboration valued at over $500 billion, covering AI data centers, memory chip supply, and next-generation computing infrastructure. What the deal actually covers The partnership has three main pillars. First, SK Telecom will build a 2-gigawatt AI data center powered by Nvidia’s Vera Rubin platform, with the first phase targeted for operation in 2027. Second, Nvidia and SK hynix will deepen a long-term collaboration to co-develop HBM4, the next generation of high-bandwidth memory that AI training workloads depend on. Third, the broader SK Group relationship is designed to address memory supply shortages that have quietly become one of the biggest bottlenecks in scaling AI systems globally. The Nvidia-SK hynix technology partnership was first announced on June 7, 2026, focused on aligning memory roadmaps with Nvidia’s AI hardware plans. The July deal formalizes that relationship into something far bigger and more capital-intensive. In May 2026, Nvidia signed a separate agreement with IREN to deploy up to 5 giga...