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South Korean chipmakers to supply US tech

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... The post South Korean chipmakers to supply US tech appeared first on New Era .

New Era27 Jul 2026, 10:00 am
South Korean chipmakers to supply US tech

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.

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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.

South Korea is home to the world’s leading memory chipmakers, Samsung Electronics and SK hynix, whose advanced memory chips are essential to the rapidly evolving artificial intelligence industry and have fuelled optimism about the country’s economic outlook.

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Originally published by New Era on 27 Jul 2026, 10:00 am. View original article
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