SK hynix signs multiyear deal with Nvidia for AI memory

South Korean chipmaker SK hynix Inc. said Monday it has signed a multiyear technology partnership with Nvidia Corp. to advance next-generation memory technologies for artificial intelligence factories.

The agreement builds on years of co-engineering between the two companies that has supported some of the world's most advanced AI computing platforms, SK hynix said. "SK hynix and Nvidia have been building toward this for years, and this partnership reflects the depth of that collaboration," SK Group Chairman Chey Tae-won said in a press release. "

As part of the agreement, the companies plan to co-develop memory for Nvidia's next-generation systems, including Vera Rubin AI supercomputers. The partnership also aims to support the growing global demand for AI infrastructure by aligning memory supply with Nvidia's long-term road map.

The announcement came during Huang's high-profile visit to South Korea, which includes a series of meetings with leaders of major conglomerates and researchers.