Samsung, SK Hynix Ink $950 Billion AI Chip Deals as Shares Slip
2026-07-27 04:33:39
Samsung Electronics and SK Hynix signed a combined $950 billion in AI chip supply deals with Nvidia and Broadcom over the weekend, but both stocks fell in Monday trading. According to BeInCrypto, SK Hynix will supply $750 billion in memory chips to Nvidia and other US companies over several years, while Samsung signed an estimated $200 billion memorandum of understanding with Broadcom. The muted reaction comes as investors await quarterly earnings later this week.
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