Nvidia announces deals with South Korea's SK Hynix, Naver and Doosan for AI data centres
Nvidia said it has signed agreements with South Korea’s SK Hynix, Naver and Doosan to build AI data centres using Nvidia technology, according to Nvidia and its partners. SK Hynix described a multi-year tech partnership to advance next-generation AI memory and support stable supply. SK Telecom plans a gigawatt-scale AI cloud with a first data centre in 2027. Deal values were not disclosed.
Strengthens Nvidia’s AI data-centre platform demand narrative via new regional partnerships; supports near-term sentiment for AI capex.
Nvidia announced multi-year deals with SK Hynix, Naver, and Doosan to build AI data centres using Nvidia technology.
Mild-to-moderate positive bias for NVDA as investors price incremental AI infrastructure buildout; magnitude likely limited without deal values.
Background
Nvidia CEO Jensen Huang is on a high-profile South Korea trip; the article frames the announcements as part of sustaining AI boom momentum.
Why it matters
The key new fact is the multi-year technology partnership and AI data-centre build plans involving Nvidia technology, plus a 2027 first data-centre online milestone for SK Telecom’s gigawatt-scale AI cloud.
Market relevance
Supports the AI infrastructure capex narrative (compute + memory + power) but provides no financial terms, limiting immediate earnings impact visibility.
Market effects
Reinforces the AI data-centre buildout supply chain (compute + advanced memory + power/energy solutions), supporting the broader AI infrastructure trade.
Highlights South Korea as a key AI infrastructure hub via SK Hynix/SK Telecom/Naver/Doosan partnerships.
Signals continued global expansion of Nvidia’s AI platform footprint into major memory and internet ecosystems.
Alternative perspectives
Without disclosed deal values or capacity/volume commitments, the market may view this as relationship-building rather than a near-term revenue catalyst.
Memory development cycles are long; even with a multi-year partnership, actual AI data-centre ramp and Nvidia monetization may lag until later Blackwell/next-gen memory availability.
Key entities
- companyNvidia
Announced multi-year deals with SK Hynix, Naver, and Doosan to build AI data centres using Nvidia technology.
- companySK Hynix
Signed a multi-year technology partnership with Nvidia to advance next-generation memory for global AI data centres.
- companySK Telecom
Will build a gigawatt-scale AI cloud in South Korea using Nvidia technology; first data centre expected in 2027.
- companyNaver
Will use Nvidia technology to build AI data centres under the announced cooperation.
- companyDoosan Group
Expects its energy solution to be used in Nvidia data-centre platforms and will use Nvidia physical AI technology.
