S Korean chipmakers to supply US tech firms in $950 bln deals
The logo of SK hynix is displayed at the 2026 World IT Show in Seoul. The South Korean company is one of the world’s leading chipmakers. (AFP photo)
South Korean memory chip giants Samsung Electronics and SK hynix will supply U.S. tech companies, including Nvidia, in agreements worth $950 billion, a presidential adviser said on July 25.
The announcement was made as President Lee Jae Myung visited San Francisco for talks with the heads of major U.S. technology companies, including OpenAI CEO Sam Altman, Nvidia’s Jensen Huang, Anthropic’s Dario Amodei and Broadcom’s Hock Tan.
The two South Korean chip giants and U.S. tech companies agreed to “pursue cooperation” in the sector, presidential chief of staff for policy Kim Yong-beom told reporters in San Francisco while accompanying Lee.
