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Jul 25, 2026

SK Group and Nvidia Announce $500 Billion-Plus AI Infrastructure and Memory Initiative

Nvidia and South Korea's SK Group unveiled a strategic partnership valued at over $500 billion, encompassing large-scale AI data center development and a long-term supply agreement for next-generation memory chips from SK Hynix.

Jul 25, 2026·7 sources

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Top claims

▪During the first quarter of 2026, J. Stern & Co. LLP removed 125,140,953 shares of Nvidia stock from its portfolio, representing a 99.5% reduction
▪Nvidia and SK hynix entered a long-term agreement to co-develop and optimize next-generation AI memory solutions, including high-bandwidth memory
▪Nvidia and SK Group signed letters of intent to formalize a strategic partnership valued at more than $500 billion to build AI infrastructure and secure memory supply

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Business & enterprise AI Semiconductor manufacturing Compute, chips & AI infrastructure AI startups

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