Nvidia unveils AI infrastructure deals in South Korea

U.S. chip titan Nvidia on June 8 announced a large-scale data center construction project in South Korea with SK Telecom, among a raft of other business deals in the country.

Nvidia, the world's most valuable company, also said it would work with chipmaker SK hynix to develop the advanced memory components that help run AI systems and are currently in short supply.

The tie-ups were unveiled after CEO Jensen Huang spent the weekend eating barbecue in Seoul with the country's tech leaders and appearing on a popular TV show.

SK Telecom and Nvidia plan "to build a gigawatt-scale AI Cloud in Korea... with the first AI factory planned to come online in 2027", a joint statement said.