Investing.com -- Samsung Electronics and SK Hynix will pursue memory-chip supply partnerships with major U.S. technology companies valued at a combined $950 billion, Reuters reported, citing South Korean presidential adviser Kim Yong-beom. SK Hynix is expected to supply $750 billion of memory chips to American companies, including Nvidia, through long-term agreements. SK Hynix also announced a separate initiative worth more than $500 billion with Nvidia and other partners. Samsung and SK Hynix have also discussed supply agreements with Anthropic as AI developers seek more direct access to memory capacity. Related articlesSamsung and SK Hynix unveil $950 billion U.S. chip supply partnerships5 reasons why Jefferies thinks Meta's pullback is a buying opportunityThis sector is 'poised for a big, beautiful year': Truist