S. Korean chipmakers to supply US tech firms in US$950bil deals
The deal was announced during president Lee Jae Myung’s visit to San Francisco for talks with leading US technology executives.
SEOUL : South Korean memory chip giants Samsung Electronics and SK hynix will supply US tech companies, including Nvidia, in agreements worth US$950 billion, a presidential adviser said on Saturday. The announcement was made as President Lee Jae Myung visited San Francisco for talks with the heads of major US technology companies, including OpenAI CEO Sam Altman, Nvidia’s Jensen Huang, Anthropic’s Dario Amodei and Broadcom’s Hock Tan.
The two South Korean chip giants and US tech companies agreed to “pursue cooperation” in the sector, presidential chief of staff for policy Kim Yong-beom told reporters in San Francisco while accompanying Lee.
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- Free Malaysia Today
- Originally published
- Jul 25, 2026
- Updated here
- Aug 15, 2026
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- Malaysia Times desk (brief) — reporting by the source
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