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South Korea’s SK Hynix, Samsung Elec sign $950 billion partnership with US big tech

By Thomson Reuters Jul 24, 2026 | 11:37 PM

SEOUL, July 25 (Reuters) – South Korea’s Samsung ​Electronics and ‌SK Hynix will pursue memory chip supply ‌partnership ​with ⁠U.S. big tech ⁠companies including Nvidia worth $950 billion overall, South ​Korea’s presidential adviser said ⁠on ⁠Saturday.

It includes ​the long-term supply ​of $750 billion in ‌memory chips to U.S. companies by ⁠SK Hynix and $200 billion in chips ⁠by ‌Samsung Electronics ⁠to Broadcom, ​the ‌presidential adviser, Kim ​Yong-beom, ⁠told a briefing.

(Reporting by Jack Kim; Editing by Tom ​Hogue)