Nvidia and SK Hynix sign multi-year pact to develop next-gen AI chips

technology big tech hardware semiconductors

SK Hynix and Nvidia have announced a multi-year technology partnership to advance next-generation memory for global AI data centers. The agreement focuses on designing future generations of memory chips for AI, marking a significant win for the South Korean semiconductor leader.

Nvidia CEO Jensen Huang stated that the company's new Vera central processing units will utilize SK Hynix memory chips as the two firms prepare to increase their business in the coming year. Through this partnership, SK Hynix aims to enter new AI fields, such as personal AI and physical AI.

The deal comes as memory chipmakers have been straining to keep up with demand, and the agreement will enable supply to keep pace with Nvidia's plans. This partnership helps maintain a stable supply of memory despite long development cycles and strengthens SK Hynix's position as it competes with Samsung Electronics in the red-hot AI arena.

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