Nvidia, SK Group announce $500B+ AI data centre initiative

Nvidia and SK Group unveiled a partnership to build 2-gigawatt AI data centres powered by Nvidia's Vera Rubin chips and SK Hynix's HBM4 memory, with the first facility online in 2027. Deeptech hardware startups should expect consolidation around hyperscaler partnerships; standalone semiconductor and chip design plays face margin compression unless they own a specific process node or application domain (e.g., edge inference, automotive).

Source: ET Tech ↗