SK Hynix and Samsung sign $950B chip supply deals with US tech giants

South Korea's SK Hynix and Samsung Electronics have signed historic memory chip supply agreements totaling $950 billion with US tech giants Nvidia and Broadcom. This massive partnership focuses on the supply of AI semiconductors, marking a significant milestone in the industry. The deals involve these two South Korean firms providing critical memory components to the American companies to support the growing demands of artificial intelligence technology and semiconductor infrastructure on a global scale.