SK Hynix and Samsung sign $950B chip supply deals with US tech giants

South Korea just made a $950 billion bet that the AI boom isn’t slowing down anytime soon. SK Hynix and Samsung Electronics have signed long-term memory chip supply partnerships with major US technology companies, combining for what may be the largest semiconductor supply commitment in history. SK Hynix is set to supply $750 billion worth of chips, primarily to Nvidia. Samsung Electronics will contribute $200 billion in chip supply to Broadcom. What’s actually being sold here The deals center on high-bandwidth memory, or HBM, the specialized chips that sit inside the AI accelerators powering data centers around the world. SK Hynix has been Nvidia’s largest memory supplier, a relationship that has turned the Korean chipmaker into one of the biggest beneficiaries of the AI infrastructure buildout. This new agreement essentially extends and dramatically scales that existing partnership. Samsung’s $200 billion deal with Broadcom represents a different but equally telling dynamic. Broadcom has been aggressively expanding its custom chip business for hyperscale cloud customers, and locking in a dedicated memory supply line signals confidence in sustained demand from that segment. The ann...