SK Group and NVIDIA Sign USD 500B+ Mega-Deal to Build 2-Gigawatt AI Factory in Korea
India, July 27 -- SK Group, South Korea's second-largest conglomerate, and NVIDIA Corporation (NASDAQ: NVDA) have signed Letters of Intent (LOIs) formalising a strategic partnership valued at over USD 500 billion in comprehensive multi-year business commitments. The landmark alliance bridges the two primary physical constraints of modern artificial intelligence: the construction of hyperscale, gigawatt-class "AI Factories" and the guaranteed production of high-density High Bandwidth Memory (HBM).
The partnership establishes a unified ecosystem connecting three core entities: NVIDIA supplying its next-generation Vera Rubin full-stack computing architecture; SK Telecom managing infrastructure and deployment for a massive 2-gigawatt AI Clo...
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