Tied to Silicon Valley Giants! Report: Samsung and SK Hynix plan to sign "super-large" chip supply agreements with American companies

```

South Korean President Lee Jae-myung embarks on a trip to Silicon Valley, with Samsung Electronics and SK Hynix expected to leverage the visit to advance major collaborations with U.S. tech giants, covering memory chip supply, strategic investments, and AI infrastructure construction.

On July 24th, according to Bloomberg, senior officials from the South Korean presidential office disclosed that Samsung Electronics and SK Hynix will sign agreements involving "huge" amounts of funding with top U.S. tech companies during Lee Jae-myung's visit. The collaborations are expected to include long-term memory chip supply contracts, strategic investment partnerships, and memorandums of understanding, with specific details to be revealed once officially announced by the companies.

South Korean Presidential Policy Chief Assistant Kim Yong-beom stated that this visit will serve as a "catalyst," propelling long-standing negotiations between Korean and American companies into the execution stage. Lee Jae-myung will arrive in San Francisco on Friday local time and attend the Artificial Intelligence Summit, where he will hold meetings with U.S. tech leaders such as Nvidia CEO Jensen Huang, OpenAI CEO Sam Altman, Anthropic CEO Dario Amodei, and Broadcom CEO Hock Tan.

The market is paying attention to the fact that this visit may help move South Korea's at least $880 billion investment plan announced last month from strategic conception to concrete projects, including clarifying partners, investment locations, and Korean engineering partners, thereby affecting the future order visibility and capital expenditure plans of Samsung and SK Hynix.

AI Summit brings together Korean and American tech giants, South Korea bets on becoming a core player in the AI supply chain

This San Francisco AI Summit will gather the core forces of South Korea’s technology industry. Samsung Electronics Chairman Lee Jae-yong, SK Group Chairman Choi Tae-won, Hyundai Motor Group Chairman Chung Eui-sun, and Naver founder Lee Hae-jin are all planning to attend.

The South Korean presidential office hopes to use the summit to strengthen cooperation between Korean companies and key American AI industry chain firms, and promote the conversion of previously announced large-scale investment plans into actual projects.

Kim Yong-beom stated that during this visit, South Korea's government-driven first-phase plan for about 8 gigawatts of artificial intelligence data centers could see more than half take shape in concrete terms. Compared with previous plans, which remained at the level of investment intentions, the new projects will further clarify partners, construction sites, and local engineering cooperation.

He revealed that currently, the main demand for Korea’s AI infrastructure expansion plans comes from U.S. tech companies, accounting for 80% to 90% of related orders.

$880 billion investment plan accelerates implementation; memory chip demand becomes a core driver

Last month, the South Korean government announced a long-term investment plan of at least $880 billion involving companies such as Samsung Electronics, SK Group, and Naver, focusing on expanding semiconductor production capacity, building AI data centers, and physical artificial intelligence infrastructure.

Among these, memory chips are seen as the most direct beneficiary. As generative AI drives rapid growth in computing power demand, AI servers’ need for high-bandwidth memory (HBM) and advanced storage solutions continues to increase, and Samsung and SK Hynix are accelerating their production expansion to meet the rising procurement demand from global AI companies.

Lee Jae-myung’s visit to Silicon Valley is aimed at further implementing South Korea's AI industry strategy against this backdrop. By deepening cooperation with U.S. AI giants such as Nvidia, OpenAI, and Anthropic, Korean chip companies hope to secure more long-term orders, enhance the certainty of future capacity expansion, and further reinforce their core position in the global AI infrastructure supply chain.

As a key part of the visit, Lee Jae-myung is expected to issue the "San Francisco AI Declaration" at the summit, clarifying South Korea’s strategic goal of becoming a reliable global supplier of AI infrastructure and promoting widespread application of AI technology in domestic manufacturing and service sectors.

Risk Warning and DisclaimerThe market involves risks; investments require caution. This article does not constitute personal investment advice and does not take into account the specific investment goals, financial situation, or needs of individual users. Users should consider whether any opinions, viewpoints, or conclusions in this article are appropriate for their particular circumstances. Investment decisions are solely the user's responsibility. ```