Nvidia CEO Jensen Huang is set to announce a partnership valued at $500 billion with South Korean conglomerate SK Group during a meeting with SK Chairman Lee Jae-yong.
The disclosure, reported by multiple wire services including the South China Morning Post and Eleconomista, represents one of the largest strategic commitments in the semiconductor industry to date.
The announcement underscores the intensifying competition for advanced chip manufacturing capacity and materials.
While specific terms of the deal were not immediately detailed, the scale of the commitment suggests a long-term strategic alignment aimed at securing supply chain resilience and expanding production capabilities.
This move comes as global demand for AI infrastructure continues to drive capital expenditure across the technology sector.
For investors, the partnership highlights the critical role of South Korean industrial groups in the global semiconductor ecosystem.