Nvidia signs five Korea deals on memory, AI centers and robots

During Nvidia CEO Jensen Huang’s visit to Seoul, the company signed five agreements with SK Hynix, Naver, SK Telecom, LG Group and Doosan. The contracts cover advanced memory supply, AI data-center capacity, robotics and industrial components.

The largest agreement is a multi-year technology partnership with SK Hynix to develop advanced memory for global AI data centers and to supply high-bandwidth memory (HBM) for Nvidia systems. Jensen Huang stated Nvidia already buys “billions of dollars” from SK Hynix each year and expects that spending to rise. Nvidia’s chips use HBM to run large AI models efficiently.

Naver will expand its Gak Sejong data center to 55 megawatts by early 2027 and plans to scale capacity overseas to the gigawatt level. The company is joining Nvidia’s Nemotron Alliance to support its HyperCLOVA X large language model and to develop cloud, generative AI and search services. SK Telecom plans a gigawatt-scale AI cloud in South Korea using Nvidia systems, with its first AI data center targeted to open in 2027.

LG Group will collaborate with Nvidia on humanoid robots and future data-center architecture, including motor technology and mechanical systems aimed at improving cooling and power delivery in high-performance facilities. Huang described robotics as a potential growth area for South Korea’s manufacturing and electronics industries. Doosan agreed to supply materials and components used in Nvidia’s Blackwell chips and to integrate Nvidia technology into its industrial operations.

Ryu Young-ho, a senior analyst at NH Investment & Securities, observed the SK Hynix partnership reinforced a shift in the memory market toward more customer-specific products for AI workloads.

The agreements were announced as South Korea’s main index, the KOSPI, fell more than 8% the same day. Korean chip stocks were under pressure during a broader global technology selloff.

The five deals connect Nvidia’s chip design to local memory suppliers, AI data-center builders and industrial manufacturers involved in robotics and data-center components.