The Presidential Office said on the 25th that Korean companies and global big tech firms have agreed to pursue semiconductor cooperation totaling $950 billion, or approximately 1,375 trillion won, on the occasion of the "San Francisco AI Summit" attended by President Lee Jae-myung. They also agreed to pursue cooperation on AI data center investments involving 2 million GPUs.
Kim Yong-beom, head of the Presidential Office's policy planning, held a briefing at the local press center in San Francisco that day and unveiled major cooperation achievements in the fields of semiconductors, AI data centers and physical AI. SK will pursue long-term supply cooperation for advanced memory semiconductors worth $750 billion (1,085 trillion won) with global big tech firms including Nvidia over the next five years. SK Telecom will pursue the construction and expansion of an AI data center of up to 2 gigawatts with Nvidia.
"The AI Summit was arranged to create investment and cooperation results across the full AI stack by combining not only Korea's semiconductors, but also the capabilities of the entire AI ecosystem including AI infrastructure, models and physical AI with the technology and capital of global big tech," Kim said.
In addition, Samsung Electronics and Broadcom signed a memorandum of understanding (MOU) on foundry cooperation for the supply of advanced memory semiconductors and the production of AI chips worth $200 billion (290 trillion won) over the next five years.
Naver signed a strategic investment agreement with Nvidia, and Hyundai Motor agreed to jointly build an "AI robot reference platform" with Nvidia and announced a plan for a self-driving car foundry with Waymo. Samsung SDS and Anthropic signed a strategic partnership agreement to jointly explore new AI markets and train AI engineers together.
