SK Group and NVIDIA expanded their partnership on July 24 into a $500 billion-plus programme covering AI factories and next-generation memory across Korea.

SK Telecom will build a 2-gigawatt-scale AI Cloud on NVIDIA's DSX platform with Vera Rubin accelerated computing and SK hynix HBM4 memory, with the first AI factory planned for 2027.

SK hynix separately signed a long-term AI memory supply deal with NVIDIA, co-developing next-generation HBM for large language model training, agentic AI and physical AI.

"Together with SK Telecom and SK hynix, we are building a new generation of AI factories that will power Korea's next wave of growth," said NVIDIA CEO Jensen Huang.