SK Group and NVIDIA Launch $500 Billion AI Initiative with Korean Data Center and Memory Partnership

SK Group and NVIDIA announced a $500 billion-plus partnership to build AI infrastructure in Korea, including a 2-gigawatt AI factory operated by SK Telecom and joint development of next-generation AI memory chips between SK Hynix and NVIDIA. The initiative positions South Korea as a major hub for global AI compute capacity and semiconductor manufacturing.

Why it matters: This massive investment signals a major shift in AI infrastructure geography, with implications for chip supply chains, data center competition, and how compute capacity will be distributed globally.