Nvidia, SK Group Expand AI Buildout Around Long-Term HBM Supply

Nvidia and SK Group signed letters of intent covering a strategic relationship valued at more than $500 billion over multiple activities and years. The announcement ties together a previously disclosed long-term memory supply and co-development agreement with SK hynix, a planned 2 GW AI data center from SK Telecom in South Korea, and additional future AI infrastructure expansion. The planned data center is expected to use Nvidia's DSX AI factory platform and Vera Rubin systems paired with SK hynix HBM4 memory, with first service targeted for 2027. While the total partnership value appears to include hardware, infrastructure, and ecosystem spending beyond memory alone, the deal still matters for RamTrend because it reinforces long-horizon demand for high-bandwidth memory in large AI deployments. That points to firm support for premium memory supply allocation, even if the source does not quantify exact memory volumes.