SK Hynix and Samsung have signed memory chip supply agreements with Nvidia and Broadcom worth a combined $950 billion, according to the companies. The deals cover multiple product lines and are among the largest ever in the semiconductor industry.
The $950 billion total
The figure represents the aggregate value of all contracts signed between the two South Korean memory makers and the two US chip designers. SK Hynix and Samsung did not break down the amount each company will supply or the duration of the agreements. Nvidia and Broadcom will receive memory chips for use in their own products.
Who supplies what
SK Hynix and Samsung are the world's two largest producers of DRAM and NAND flash memory. The deals with Nvidia and Broadcom cover unspecified types of memory chips. Neither side disclosed which specific product lines or manufacturing nodes are involved.
What comes next
The contracts are now in effect. The companies have not released further terms, including delivery schedules or payment milestones. Observers will watch for any impact on memory chip pricing and supply availability in the coming quarters.
