NVIDIA AND SK GROUP JUST ANNOUNCED A $500+ BILLION PARTNERSHIP. SK Group $SKHY and Nvidia $NVDA signed letters of intent for a $500-billion-plus initiative spanning two fronts: AI factory construction and next-generation memory supply. SK Telecom will build a 2-gigawatt NVIDIA Vera Rubin DSX AI Factory, first coming online in 2027, powered specifically by SK hynix HBM4. Separately, NVIDIA and SK hynix are entering a long-term AI memory partnership which secures NVIDIA a stable supply of next-generation AI memory while giving SK hynix a locked-in foundation for growth. The two companies will codevelop and optimize future HBM generations together. NVIDIA CEO Jensen Huang: "South Korea has all the ingredients to become a global AI powerhouse, world-class networks and data centers, leadership in chip technology and vast industrial scale."