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Samsung Elec, SK Group seal $950 billion deals as South Korea hosts AI powers

  • South Korea rolled out a $950 billion AI push with major deals involving Samsung, SK Group and U.S. tech firms — SK Group alone signed about $750 billion in agreements, including a $500+ billion SK Hynix–Nvidia partnership.
  • Samsung and Broadcom agreed on up to $200 billion of collaboration across memory, foundry and advanced packaging, while SK Hynix and partners plan next‑gen HBM memory and a 2‑gigawatt AI data center coming in 2027.
  • Leaders warn AI memory demand will outpace supply, and President Lee used a San Francisco summit (meeting Nvidia, OpenAI and others) to pitch a “San Francisco AI Declaration” and woo global tech and investors.
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