Nvidia announces deals with South Korean tech giants including SK Hynix and Naver to secure memory chips for AI

Nvidia CEO Jensen Huang announced a series of agreements on Monday with South Korean partners including SK Hynix, Naver, SK Telecom, and Doosan Group. The deals aim to secure memory chips and attract new customers for Nvidia's AI business.

The agreements were reached during a high-profile trip by Jensen Huang to South Korea that began on Friday and included meetings with the country's top corporate leaders.

Nvidia and its partners did not disclose the value of the deals.