(LEAD) Nvidia, SK hynix sign multiyear deal for AI factories

Nvidia and SK hynix have entered into a multiyear agreement to secure the supply of high-bandwidth memory (HBM) chips. SK hynix, a leading producer of these specialized DRAM chips, will provide Nvidia with its HBM products. These chips are critical components for the advanced GPUs that power artificial intelligence and high-performance computing applications. The deal aims to ensure Nvidia has a stable supply of these essential components as demand for AI hardware continues to surge globally.

This partnership is significant as it secures a crucial supply chain element for Nvidia, a dominant player in the AI chip market, potentially impacting the availability and cost of AI hardware for other companies.