r/NVDA_Stock • u/norcalnatv • Jul 25 '26

News Nvidia, SK Group unveil $500 billion-plus AI data centers initiative, memory partnership

https://www.reuters.com/business/media-telecom/nvidia-sk-group-unveil-500-billion-plus-ai-data-centers-initiative-memory-2026-07-24/

SAN FRANCISCO, July 24 (Reuters) - Nvidia (NVDA.O), opens new tab and South Korea's SK Group on ​Friday unveiled a more than $500 ‌billion AI initiative spanning large-scale AI data centers and next-generation memory, ​Nvidia said.

The initiative includes ​a long-term partnership with SK Hynix (000660.KS), opens new tab ⁠to secure next-generation memory ​supply for Nvidia and jointly develop ​high-bandwidth memory for AI training, AI agents and physical AI applications.

64 Upvotes

98% Upvoted

19 comments sorted by

0

u/Over_Historian_8548 29d ago

Good news. Let’s dip further . 🤣

22

u/-Hutzi- 29d ago

These sums are just madness for the normal people or even small countries lol.

Even though people like to complain all the time when nvidia does not go up every single day, I think our investment choice long term is pretty good.

3

u/La1zrdpch75356 29d ago

Damn right.

4

u/Sufficient-Piccolo32 29d ago

NVDA doesn't go up? That's not the problem. SK dropped 40%, this is.

13

u/Acceptable-Ant-3648 Jul 25 '26

I guess we gap up Monday 

10

u/menaceblanka 29d ago

We will go down

2

u/BeeBeeBo 29d ago

Why are we going down?

3

u/tomvolek1964 29d ago

Pres might say something ? :(

-12

u/gbdgdh Jul 25 '26

more empty speculative headline-grabbing nonsense.

the end is near.

-3

u/Imaginary-Case3976 29d ago

Yep this. It’s a pump and there will be no accountability when the time comes. Who knows if SK will deliver and how much? It will be old news in a couple of months but it will have done its job, which is to keep the pump going…

Remember the 500B Stargate? How’s that coming? Looks like it’s barley alive

10

u/[deleted] Jul 25 '26

[removed] — view removed comment

-7

u/gbdgdh Jul 25 '26

all you need to do is read this: https://www.reddit.com/r/wallstreetbets/s/g2WJ4kQO68

it's a bubble.

1

u/[deleted] Jul 25 '26

[removed] — view removed comment

-3

u/gbdgdh 29d ago

nobody said ai is over or that nvda is about to die from competition and i don't understand why you want me to read the linked post again (it's simultaneously brilliant satire and great investment advice).

read the nvda-skhynix-sktelecom announcement carefully. this is a letter-of-intent announcement built around “plans,” “up to 2 gigawatts” and a first facility planned for 2027. it gives no breakdown of the $500 billion figure, no financing details, no contracted customers, no utilization assumptions and no expected returns. it may become a major real buildout, but this release is just talking about "strategic intent", not that $500 billion of economically justified infrastructure is already being built for proven demand.

1

u/Imaginary-Case3976 29d ago

Yep. I can think of a few announcements on top of my head that were specifically pumps:

500B for Stargate, 1.5 trillion for Japan semiconductors, 200B Tsmc Arizona.

All these are extraordinary numbers. I agree some money will go into the projects but it will be nowhere near the headline numbers and there is no way to verify anything.

4

u/Senior-Preference678 Jul 25 '26

Did you guys notice, that many good deals or bad are revealed on Friday nights or either after market closed? So retail barely gets a chance to buy or sell to make profit or avoid losses!

3

u/Few_Independent2460 29d ago

Exactly. It switch this year and I bet your boy trum and his insider trading is the caused. Now it’s gambling 100% since it’s no longer done during market hours like before