Technology, AI & Cyber
Samsung and SK hynix to supply US tech firms under $950 billion agreements, adviser says
South Korean memory chip companies Samsung Electronics and SK hynix will supply US technology companies, including Nvidia, under agreements worth $950 billion, a presidential adviser said.
Kim Yong-beom, presidential chief of staff for policy, told reporters in San Francisco that the two South Korean chipmakers and US technology companies had agreed to pursue cooperation in the sector. Kim was speaking while accompanying President Lee Jae Myung.
The report did not give further details on the timing, terms or structure of the agreements.
Update
The South Korean chipmakers were identified as Samsung Electronics and SK hynix.
The US technology firms include Nvidia.
The information was attributed to Kim Yong-beom, presidential chief of staff for policy.
Kim spoke to reporters in San Francisco while accompanying President Lee Jae Myung.
The companies agreed to pursue cooperation in the sector.
Source note: AFP news report published on 25 July 2026 at 07:56:07 UTC.
Uncertainty notes
The report did not give further details on the timing, terms or structure of the agreements.
Source
AFP news report published on .