Nvidia and SK Hynix announced on Monday, 8 June a multi-year technology partnership aimed at advancing next-generation memory technologies for artificial intelligence (AI) factories. The deal was disclosed at the SK Group headquarters in Seoul, during Nvidia CEO Jensen Huang's high-profile visit to South Korea.

What the Partnership Covers

'We made a very significant and long-term partnership with SK,' Huang told reporters at the Seoul headquarters. The two companies will jointly develop technology road maps and deepen collaboration beyond traditional memory development, extending into AI infrastructure and physical AI.

SK Group Chairman Chey Tae-won described the agreement as a new phase in the two companies' relationship. 'Most of our cooperation so far has centred on memory, but from now on we will elevate our partnership to a higher level,' he said.

Vera Rubin and Next-Generation Memory

A central element of the deal is co-development of memory technologies for Nvidia's Vera Rubin, the company's next-generation flagship AI platform. SK Hynix, alongside rivals Samsung Electronics and Micron Technology, supplies HBM4 — a critical memory component for Vera Rubin. Nvidia confirmed that Vera Rubin is now in full production and is scheduled to begin deliveries in the third quarter of 2025.

Expanding into Personal and Physical AI

SK Hynix said the partnership will broaden its footprint in emerging AI segments, including personal AI and physical AI, while also securing a stable supply chain for advanced memory products despite lengthy development cycles. Nvidia, in turn, said it will support SK Hynix's expansion into new areas of AI infrastructure.

'We are in the beginning of the AI revolution,' Huang said, adding that the long-term outlook for AI remains 'extremely promising.'

Context: Huang's Seoul Visit

The announcement came as part of Huang's broader tour of South Korea, where he has been meeting with leaders of major conglomerates and researchers to explore cooperation in AI and robotics. Notably, the visit underscores South Korea's growing strategic importance in the global AI supply chain, particularly given its dominance in advanced memory chip manufacturing. This is among the most significant bilateral technology agreements between a US chip designer and a Korean memory maker in recent years.

With Vera Rubin entering production and AI infrastructure investment accelerating globally, the partnership positions both companies at the centre of the next wave of AI hardware development.