South Korean Companies and Global Big Tech Firms to Cooperate on $950 Billion Semiconductor Project | Yonhap News Agency

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President Jae-myung Lee attended the AI Summit held in San Francisco, USA and promoted cooperation in the semiconductor field worth 950 billion dollars between domestic companies and global big tech companies. Samsung Electronics signed a partnership with Broadcom worth 200 billion dollars for the supply of advanced memory semiconductors and the production of AI chips, and SK is proceeding with long-term supply cooperation for advanced memory semiconductors worth 750 billion dollars with Nvidia and others. In addition, SKT is promoting cooperation with Nvidia on the construction and expansion of an AI data center with a maximum capacity of 2GW, and Naver has agreed to build a global AI factory with Nvidia. Hyundai Motor Group plans to support robot development by jointly building 'Robot Reference Platform', an AI robot development base, with Nvidia.

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