Nvidia secures SK Hynix memory supply
Nvidia announced that it has secured high-bandwidth HBM memory supplies from South Korean company SK Hynix, in a deal that could be worth up to $500 billion over several years. Through this agreement, the company aims to expand its data centers, including signing a project to build large-scale centers expected to be operational by 2027, as well as expanding its AI operations. Nvidia will also invest $1 billion in the Korean cloud computing company Naver to enhance computing capabilities and ensure a stable supply of AI components, as part of broader efforts to develop advanced technological infrastructure.
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