South Korean memory chip giants Samsung Electronics and SK hynix will supply US tech companies, including Nvidia, in agreements worth $950 billion, a presidential adviser said on Saturday. The announcement includes SK hynix's planned five-year cooperation agreement to supply $750 billion worth of memory chips to companies including Nvidia, Kim said. SK hynix and Samsung Electronics are among the world's three leading advanced memory chipmakers, along with US-based Micron. SK hynix and Nvidia also aim to "accelerate large-scale AI infrastructure development", the South Korean firm said. The two firms "will co-develop and optimize next-generation AI memory solutions, including HBM, to meet evolving infrastructure demands ranging from large language model training to physical AI", it said in a statement.