Samsung and SK hynix to supply AI memory chips under $950b US deals

Samsung and SK hynix to supply AI memory chips under $950b US deals

Samsung and SK hynix will supply HBM chips worth $950 billion to Nvidia, Broadcom, and other US tech companies over five years ($750b and $200b deals respectively). This secures critical AI infrastructure supply chain (GPU training and inference) and positions South Korea as global memory leader amid US-China competition.