Chip giant Nvidia on Monday announced a series of deals in South Korea with major tech companies, including SK Hynix and Naver, as it looks to secure crucial memory chips to power its artificial intelligence ambitions and entice new customers.
The agreements come during a high-profile trip by Nvidia CEO Jensen Huang to South Korea that began on Friday.
Nvidia and its partners, which also included SK Telecom and conglomerate Doosan Group, did not disclose the value of the deals.
SK Group, South Korea's second-largest family-owned conglomerate, said its SK Hynix and SK Telecom arms had agreed deals with Nvidia.
Memory chip maker SK Hynix signed a multi-year technology partnership that will see it commit to developing advanced types of memory for global AI data centres, SK Group said.
