Bloomberg Surveillance · Saturday, July 25, 2026
Nvidia CEO Jensen Huang revealed a significant business partnership with SK Group, forecasting over $500 billion in business over several years. This collaboration will involve Nvidia purchasing memories from SK Hynix and selling AI supercomputers to SK Telecom as they scale up AI data centers.
“We announce a big partnership with SK Group where our companies are going to enter into a business partnership where we do over five hundred billion dollars of business with each other, whether it's consump consumption and purchasing of memories or selling AI supercomputers to them as they scale out to gigawatts of AI factories.”
“We're gonna be purchasing memories from them for many years to come. And as you know, we buy, we build a lot of computers. In order to build a trillion dollars worth of a roommate systems, you're gonna have to buy a lot of system memories to go with it.”
“Meanwhile, s K Telecom is going to become an AI cloud. They're going, we're starting to build already, They're going they're intending to build up to two gigawatts in the near future. And uh and in that in that agreement, we will be selling AI supercomputers to them. So between us, we're gonna, we're gonna, we're gonna do half a trillion dollars worth of business. Over half a trillion dollars worth a business.”