South Korean Tech Giants Seal $950 Billion AI Chip Deals with US Firms
Samsung Electronics and SK Group have secured approximately $950 billion in AI chip partnerships with major US tech companies, including a $200 billion deal between Samsung and Broadcom. These agreements aim to boost South Korea's foundry capabilities and strengthen its position in the global AI industry.
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Samsung Inks $200 Billion Chip Supply with Broadcom
Samsung Electronics Co. won a contract worth more than $200 billion to make chips for Broadcom Inc., as the companies race to win a larger share of the AI infrastructure market.
By Hooyeon Kim
Read full article →Korea, US tech giants forge $950 billion in chip partnerships: Cheong Wa Dae
South Korean and US technology giants agreed to pursue $950 billion in semiconductor supply and manufacturing partnerships over the next five years, unveiling a sweeping series of deals at the San Francisco AI Summit. The partnerships, announced during President Lee Jae Myung’s visit to San Francisco, are intended to advance the Lee administration’s flagship megaprojects across semiconductors, AI data centers and physical AI. “We have developed concrete investment and cooperation plans with glob
By The Korea Herald
Read full article →Samsung Elec, SK Group seal $950b deals as South Korea hosts AI powers
Samsung's $200b Broadcom pact strengthens chip supply as US AI firms race to secure computing infrastructure
By Reuters
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