Nvidia Secures $500 Billion SK Hynix Memory Deal as Global Shortage Fears Mount
Updated
Updated · CNBC · Jul 27
Nvidia Secures $500 Billion SK Hynix Memory Deal as Global Shortage Fears Mount
3 articles · Updated · CNBC · Jul 27
Summary
$500 billion is the potential size of Nvidia’s new memory supply agreement with SK Hynix, a move aimed at locking in critical chips as supply concerns build across the AI market.
The deal could ease one of investors’ main worries around Nvidia’s growth, after the stock fell sharply over the past month despite still-heavy demand tied to AI infrastructure.
SK Hynix’s role is central because the broader memory market is facing a global shortage, making supply security as important as end demand for leading chipmakers.
The agreement stood out in a calmer market session, with investors also watching lower oil prices after a pause in Middle East fighting and fresh legal challenges to Trump’s new Section 301 tariffs.