Nvidia (NVDA) has secured new South Korean memory and chip supply agreements with SK Hynix and Naver, a move aimed at strengthening its AI manufacturing supply chain, according to reporting from Reuters and MarketWatch.
The agreements add SK Hynix (000660.KS) and Naver to Nvidia's roster of South Korean partners as the chipmaker works to shore up the memory components that underpin its AI hardware. The deals are framed as supply arrangements to support AI manufacturing, though the specific commercial terms have not been confirmed in the facts available for this draft.
The reported deal terms — including any volume commitments, pricing, duration, or dollar value — remain unconfirmed and require verification against the primary source.
Investor attention has also turned to Samsung Electronics (005930.KS), a fellow South Korean memory supplier, even though the reported agreements name SK Hynix and Naver. The MarketWatch headline noted a share-price reaction for SK Hynix and Samsung, but the direction of that move is not confirmed in the facts available here.
The development sits within a broader push by Nvidia to lock in memory capacity, where high-bandwidth memory and related components have been a focal point of AI hardware supply constraints.
What it means for investors
For investors tracking the AI hardware supply chain, the reported agreements signal continued effort by Nvidia to diversify and secure its memory sourcing across South Korean suppliers. How the market ultimately weighs the news for SK Hynix, Samsung, and Naver depends on the confirmed deal terms and the verified share-price reaction — both of which remain pending verification in this draft. This article is informational and does not constitute a recommendation to buy, hold, or sell any security.
Source: MarketWatch / Reuters