Samsung and SK Hynix to Partner with Global Tech Giants in $95 Billion Deal

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Samsung Electronics and SK Hynix have entered into agreements with global technology companies, including NVIDIA, in a $95 billion collaboration. The SK Group will supply $75 billion in high-performance semiconductors, while Samsung will provide $20 billion in chips to Broadcom. This move occurs amid shifting global cryptocurrency policies and ongoing announcements regarding token launches. The agreements underscore continued investment in the technology sector as companies prepare for expansion in AI and blockchain.

BlockBeats report: On July 25, Kim Yong-beom, Head of the Policy Office at the Office of the President of South Korea, stated that Samsung Electronics, SK Hynix, and global tech giants including NVIDIA (NVDA.O) have reached an agreement to launch a series of collaborative projects with a total value of $950 billion. Kim noted that these projects include a long-term agreement.


Under this agreement, SK Group will supply $750 billion worth of high-performance semiconductors to global technology companies, including NVIDIA. Additionally, Samsung Electronics will supply $200 billion worth of chips to Broadcom (AVGO.O).

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