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2026-07-25T14:42:53.000Z

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Samsung and SK Hynix invest $950B in chip sector

Samsung and SK Hynix invest $950B in chip sector

Samsung and SK Hynix have signed agreements worth a total of up to $950 billion to supply major American companies, especially Nvidia, with advanced memory chips that support future technologies and artificial intelligence. The contracts include a five-year cooperation plan, involving the supply of $750 billion worth of memory chips from SK Hynix and a plan valued at $200 billion from Samsung for manufacturing AI chips and supply services. These steps are part of efforts to strengthen Korea's position in the chip market and support technological and economic advancement.

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