New Delhi, July 25 -- SEOUL - NVIDIA and South Korea's SK Group signed letters of intent Friday for a $500-billion-plus partnership to build AI infrastructure on the peninsula, with SK Hynix locked in as the chipmaker's primary supplier of high-bandwidth memory for the next generation of AI systems. The agreement, which SK Group Chairman Chey Tae-won framed as a competition to produce intelligence rather than merely consume it, establishes the terms of what would become Asia's most significant AI infrastructure commitment to date.

"South Korea has all the ingredients to become a global AI powerhouse - world-class networks and data centers, leadership in chip technology and vast industrial scale." The factory will serve sovereign, agentic...