Jensen Huang $500 billion deal SK Hynix SK Telecom
Jensen Huang broke down the $500 billion deal with SK Hynix and SK Telecom on Bloomberg This Weekend. It combines Nvidia paying for memory chips and SK Telecom paying for supercomputers, two separate transactions stacked into one figure. He also said Nvidia is constrained by HBM memory, LPDDR memory, supply chain, and even land, power, and construction workers for data centers. The semiconductor industry needs to grow 10x in a decade, but doubling each year will be tough. Meanwhile, the KOSPI is falling and SK Hynix and Samsung slumped.
