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[BUSINESS] · South Korea, United States · 72 sources

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Samsung and SK Hynix seal $950 billion AI chip deals with US firms

During South Korean President Lee Jae Myung’s visit to San Francisco, Samsung Electronics and SK Hynix announced multiyear agreements with major US technology companies to supply advanced AI semiconductors. Samsung signed a memorandum of understanding with Broadcom valued at more than $200 billion, covering high‑bandwidth memory, sub‑2 nm foundry services and advanced packaging through 2030. SK Hynix agreed to provide memory chips worth $750 billion to firms such as Nvidia, supporting AI data‑center infrastructure and large‑scale GPU deployments. The combined value of the deals approaches $950 billion. South Korean officials said the agreements cement technology and economic partnership with the United States and will help South Korea become an AI‑chip production hub as the country triples its AI investment.

"We expect a lot of very large and meaningful figures to be announced," policy adviser Kim Yong‑beom said, emphasizing the strategic importance of the partnerships.

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