OpenAI Forges Strategic Partnerships with Samsung and SK Hynix for Stargate Project

OpenAI ropes in Samsung, SK Hynix to source memory chips for Stargate | TechCrunch

OpenAI is leaving few stones unturned in the race to build compute capacity for its AI efforts. The ChatGPT maker on Wednesday said it had struck agreements with two of the world's biggest manufacturers of memory chips, Samsung Electronics and SK Hynix, to make DRAM wafers for the Stargate AI infrastructure project, and build data centers in South Korea. The companies signed the letters of intent following a meeting in Seoul between OpenAI CEO Sam Altman, South Korea's president Lee Jae-myung, Samsung Electronics' executive chairman Jay Y. Lee, and SK chairman Chey Tae-won. Under the deal, Samsung and SK Hynix plan to scale their manufacturing to produce up to 900,000 high-bandwidth memory DRAM memory chips per month for use in Stargate and AI data centers. SK Group noted in a separate statement that this would be more than double the current industry capacity for high-bandwidth memory chips. Stargate is a massive infrastructure project by OpenAI, Oracle, and SoftBank that seeks to spend $500 billion to build data centers dedicated to AI development in the United States. Wednesday's agreements follow a month of frenetic investment in AI compute capacity, and OpenAI has been the locus of a lot of that activity. Just a couple of weeks ago, Nvidia said it would invest up to $100 billion in OpenAI as part of a deal that would give the ChatGPT maker access to more than 10 gigawatts of compute capacity via Nvidia's AI training systems. The following day, OpenAI said it would build out five data centers with SoftBank and Oracle for the Stargate project, aiming to increase its total compute capacity to 7 gigawatts. Earlier in September, Oracle agreed to sell $300 billion of compute capacity to OpenAI over five years. OpenAI said it is also working with the Korean Ministry of Science and ICT to find opportunities to build AI data centers outside Seoul, and that it had struck a separate deal with SK Telecom to build an AI data center. The AI company also signed a few other agreements with Samsung subsidiaries to explore avenues for building more data centers in the country. Samsung and SK Group will also integrate ChatGPT Enterprise and OpenAI APIs into their operations as part of the deal.

OpenAI taps Samsung for another 'strategic partnership'

OpenAI is teaming up with South Korea's Samsung and SK Hynix for "strategic partnerships" to supply the advanced computer chips needed for its mammoth Stargate project. The Korean firms said they will scale production in order to meet OpenAI's growing demand for memory chips needed to power its compute-hungry AI models. OpenAI said it expects to need as many as 900,000 semiconductor wafers each month from the two firms. OpenAI said it is also in talks with the companies to open two AI data centers in South Korea. Samsung said it would also explore the possibility of floating data centers, which it says could cut costs and reduce carbon emissions. The partnerships are the latest in a series of strategic moves for OpenAI as it secures compute, power, and cash for its AI projects. Last month, Nvidia said it will be investing up to $100 billion in the company as it scales.

Samsung, SK Hynix Ink Deal to Supply Gear to OpenAI's Stargate

Samsung Electronics Co. and SK Hynix Co. have forged initial agreements to supply chips and other gear to OpenAI's Stargate project, a deal that helps shore up their lead in advanced memory chips for AI. OpenAI's Sam Altman signed a letter of intent Wednesday to enlist Korea's two biggest companies in the data center construction effort, which involves the biggest players in artificial intelligence from Nvidia Corp. to Oracle Corp. Overall demand from OpenAI could reach 900,000 wafers per month as Stargate expands across the globe, the Korean companies said in separate statements.

OpenAI announces partnerships with South Korean chip giants over Stargate project

SEOUL, South Korea (AP) -- OpenAI and South Korean tech conglomerates Samsung and SK on Wednesday announced partnerships to provide chips and other solutions for Stargate, a $500 billion project aimed at building infrastructure tied to artificial intelligence. The announcements came after OpenAI CEO Sam Altman met with South Korean President Lee Jae Myung and Korean corporate leaders in Seoul. Lee hailed the partnerships as a major opportunity for South Korea's semiconductor industry to solidify its role in AI and create more jobs. The partnerships commit Samsung Electronics and SK Hynix -- the world's two largest makers of memory chips -- to accelerate their production of advanced chips to meet OpenAI's increasing memory demands for the Stargate initiative, according to the companies' statements. The ChatGPT maker also reached separate agreements with SK Telecom, South Korea's top wireless carrier, to explore building an AI data center in the country, dubbed "Stargate Korea," and with other Samsung affiliates to collaborate on data center technologies and potentially expand local capacity. Samsung said the agreements between OpenAI, Samsung C&T, and Samsung Heavy Industries include a joint commitment to develop floating data centers, which potentially offer advantages over land-based centers by easing land scarcity, reducing cooling costs and cutting carbon emissions. "Korea has all the ingredients to be a global leader in AI -- incredible tech talent, world-class infrastructure, strong government support, and a thriving AI ecosystem," Altman said in a statement. Samsung Electronics Chairman Lee Jae-yong said the world is at a "pivotal moment with the advent of AI, and the industry must collaborate to effectively chart the future." Stargate, a joint venture between OpenAI, SoftBank, and Oracle backed by U.S. President Donald Trump, aims for a significant expansion of computing infrastructure to support the development and delivery of AI products. The companies have committed to eventually invest up to $500 billion to build large-scale data centers and secure energy generation needed to further AI development. OpenAI said last week that its flagship AI data center in Texas will be joined by five others around the United States, including two more data center complexes in Texas, one in New Mexico, one in Ohio and another in a Midwest location it hasn't yet disclosed.

Samsung and OpenAI Announce Strategic Partnership To Accelerate Advancements in Global AI Infrastructure

Samsung will bring together industry-leading technologies and innovations across advanced semiconductors, data centers, shipbuilding, cloud services and maritime technologies OpenAI, Samsung Electronics, Samsung SDS, Samsung C&T and Samsung Heavy Industries today announced a letter of intent (LOI) for their strategic partnership to accelerate advancements in global AI data center infrastructure and develop future technologies together in relevant fields. This expansive collaboration will bring together the collective strengths and leadership of Samsung companies across semiconductors, data centers, shipbuilding, cloud services and maritime technologies. The signing ceremony was held at Samsung's corporate headquarters in Seoul, Korea, attended by Young Hyun Jun, Vice Chairman & CEO of Samsung Electronics; Sung-an Choi, Vice Chairman & CEO of Samsung Heavy Industries; Sechul Oh, President & CEO of Samsung C&T; and Junehee Lee, President & CEO of Samsung SDS. Samsung Electronics will work with OpenAI as a strategic memory partner to supply advanced semiconductor solutions for OpenAI's global Stargate initiative. With OpenAI's memory demand projected to reach up to 900,000 DRAM wafers per month, Samsung will contribute toward meeting this need with its extensive lineup of high-performance, energy-efficient DRAM solutions. As a comprehensive semiconductor solutions provider, Samsung's leading technologies span across memory, logic and foundry with a diverse product portfolio that supports the full AI workflow from training to inference. The company also brings differentiated capabilities in advanced chip packaging and heterogeneous integration between memory and system semiconductors, enabling it to provide unique solutions for OpenAI. Samsung SDS has entered into a potential partnership with OpenAI to jointly develop AI data centers and provide enterprise AI services. Leveraging its expertise in advanced data center technologies, Samsung SDS will collaborate with OpenAI in the design, development and operation of the Stargate AI data centers. Under the LOI, Samsung SDS can now provide consulting, deployment and management services for businesses seeking to integrate OpenAI's AI models into their internal systems. In addition, Samsung SDS has signed a reseller partnership for OpenAI's services in Korea and plans to support local companies in adopting OpenAI's ChatGPT Enterprise offerings. Samsung C&T and Samsung Heavy Industries will collaborate with OpenAI to advance global AI data centers, with a particular focus on the joint development of floating data centers. Floating data centers are considered to have advantages over data centers because they can address land scarcity, lower cooling costs and reduce carbon emissions. Still, their technical complexity has so far limited wider deployment. Building on their proprietary technologies, Samsung C&T and Samsung Heavy Industries will also explore opportunities to pursue projects in floating power plants and control centers, in addition to floating data center infrastructure. Starting with the landmark partnership with OpenAI, Samsung plans to fully support Korea's goals to become one of the world's top three nations in AI and create new opportunities in the field. Samsung is also exploring broader adoption of ChatGPT within the companies to facilitate AI transformation in the workplace. "OpenAI is an AI research and deployment company. Our mission is to ensure that artificial general intelligence benefits all of humanity. Samsung C&T is an international corporation with four business groups: Engineering & Construction, Trading & Investment, Fashion, and Resort. Together, they provide services and products in over 50 countries. Starting out as a trading firm in 1938, Samsung C&T was the first company to operate under the Samsung name. Find out more about Samsung C&T at http://www.samsungcnt.com. Samsung Heavy Industries Co., Ltd. (SHI) stands as one of the world's leading shipbuilders. Established in 1974, the company has consistently pushed the boundaries of engineering and construction, solidifying its position as a top shipbuilder in South Korea, while executing a variety of projects in the shipbuilding and offshore business. The company's expertise lies in the engineering, procurement, construction, and delivery of a wide range of vessels and offshore facilities. SHI is particularly recognized for its capabilities in building highly technical, high-value-added ships, including: LNG Carrier, Container Ship, FPSO, FLNG, etc. SHI is a key innovator in the industry and has a history of developing and building "world's first" products, such as the Arctic Shuttle-Tanker and FLNG. For more information, visit https://www.samsungshi.com. A leader in data and computing technology, Samsung SDS combines generative AI technology with cloud and digital logistics to lead the hyper-automation innovation of companies. Samsung SDS helps companies enhance their productivity and competitiveness by leveraging its Samsung Cloud Platform (SCP) optimized for enterprises, all-in-one managed services reflecting 40 years of industry-specific experience, and SaaS solutions for business innovations.

OpenAI announces partnerships with South Korean chip giants over Stargate project

OpenAI and South Korean tech conglomerates Samsung and SK on Wednesday announced partnerships to provide chips and other solutions for Stargate, a $500 billion project aimed at building infrastructure tied to artificial intelligence. The announcements came after OpenAI CEO Sam Altman met with South Korean President Lee Jae Myung and Korean corporate leaders in Seoul. Lee hailed the partnerships as a major opportunity for South Korea's semiconductor industry to solidify its role in AI and create more jobs. The partnerships commit Samsung Electronics and SK Hynix -- the world's two largest makers of memory chips -- to accelerate their production of advanced chips to meet OpenAI's increasing memory demands for the Stargate initiative, according to the companies' statements. The ChatGPT maker also reached separate agreements with SK Telecom, South Korea's top wireless carrier, to explore building an AI data center in the country, dubbed "Stargate Korea," and with other Samsung affiliates to collaborate on data center technologies and potentially expand local capacity. Samsung said the agreements between OpenAI, Samsung C&T, and Samsung Heavy Industries include a joint commitment to develop floating data centers, which potentially offer advantages over land-based centers by easing land scarcity, reducing cooling costs and cutting carbon emissions. "Korea has all the ingredients to be a global leader in AI -- incredible tech talent, world-class infrastructure, strong government support, and a thriving AI ecosystem," Altman said in a statement. Samsung Electronics Chairman Lee Jae-yong said the world is at a "pivotal moment with the advent of AI, and the industry must collaborate to effectively chart the future." Stargate, a joint venture between OpenAI, SoftBank, and Oracle backed by U.S. President Donald Trump, aims for a significant expansion of computing infrastructure to support the development and delivery of AI products. The companies have committed to eventually invest up to $500 billion to build large-scale data centers and secure energy generation needed to further AI development. OpenAI said last week that its flagship AI data center in Texas will be joined by five others around the United States, including two more data center complexes in Texas, one in New Mexico, one in Ohio and another in a Midwest location it hasn't yet disclosed.

OpenAI announces partnerships with South Korean chip giants over Stargate project

SEOUL, South Korea (AP) -- OpenAI and South Korean tech conglomerates Samsung and SK on Wednesday announced partnerships to provide chips and other solutions for Stargate, a $500 billion project aimed at building infrastructure tied to artificial intelligence. The announcements came after OpenAI CEO Sam Altman met with South Korean President Lee Jae Myung and Korean corporate leaders in Seoul. Lee hailed the partnerships as a major opportunity for South Korea's semiconductor industry to solidify its role in AI and create more jobs. The partnerships commit Samsung Electronics and SK Hynix -- the world's two largest makers of memory chips -- to accelerate their production of advanced chips to meet OpenAI's increasing memory demands for the Stargate initiative, according to the companies' statements. The ChatGPT maker also reached separate agreements with SK Telecom, South Korea's top wireless carrier, to explore building an AI data center in the country, dubbed "Stargate Korea," and with other Samsung affiliates to collaborate on data center technologies and potentially expand local capacity. Samsung said the agreements between OpenAI, Samsung C&T, and Samsung Heavy Industries include a joint commitment to develop floating data centers, which potentially offer advantages over land-based centers by easing land scarcity, reducing cooling costs and cutting carbon emissions. "Korea has all the ingredients to be a global leader in AI -- incredible tech talent, world-class infrastructure, strong government support, and a thriving AI ecosystem," Altman said in a statement. Samsung Electronics Chairman Lee Jae-yong said the world is at a "pivotal moment with the advent of AI, and the industry must collaborate to effectively chart the future." Stargate, a joint venture between OpenAI, SoftBank, and Oracle backed by U.S. President Donald Trump, aims for a significant expansion of computing infrastructure to support the development and delivery of AI products. The companies have committed to eventually invest up to $500 billion to build large-scale data centers and secure energy generation needed to further AI development. OpenAI said last week that its flagship AI data center in Texas will be joined by five others around the United States, including two more data center complexes in Texas, one in New Mexico, one in Ohio and another in a Midwest location it hasn't yet disclosed.

OpenAI announces partnerships with South Korean chip giants over Stargate project

SEOUL, South Korea -- OpenAI and South Korean tech conglomerates Samsung and SK on Wednesday announced partnerships to provide chips and other solutions for Stargate, a $500 billion project aimed at building infrastructure tied to artificial intelligence. The announcements came after OpenAI CEO Sam Altman met with South Korean President Lee Jae Myung and Korean corporate leaders in Seoul. Lee hailed the partnerships as a major opportunity for South Korea's semiconductor industry to solidify its role in AI and create more jobs. The partnerships commit Samsung Electronics and SK Hynix -- the world's two largest makers of memory chips -- to accelerate their production of advanced chips to meet OpenAI's increasing memory demands for the Stargate initiative, according to the companies' statements. The ChatGPT maker also reached separate agreements with SK Telecom, South Korea's top wireless carrier, to explore building an AI data center in the country, dubbed "Stargate Korea," and with other Samsung affiliates to collaborate on data center technologies and potentially expand local capacity. Samsung said the agreements between OpenAI, Samsung C&T, and Samsung Heavy Industries include a joint commitment to develop floating data centers, which potentially offer advantages over land-based centers by easing land scarcity, reducing cooling costs and cutting carbon emissions. "Korea has all the ingredients to be a global leader in AI -- incredible tech talent, world-class infrastructure, strong government support, and a thriving AI ecosystem," Altman said in a statement. Samsung Electronics Chairman Lee Jae-yong said the world is at a "pivotal moment with the advent of AI, and the industry must collaborate to effectively chart the future." Stargate, a joint venture between OpenAI, SoftBank, and Oracle backed by U.S. President Donald Trump, aims for a significant expansion of computing infrastructure to support the development and delivery of AI products. The companies have committed to eventually invest up to $500 billion to build large-scale data centers and secure energy generation needed to further AI development. OpenAI said last week that its flagship AI data center in Texas will be joined by five others around the United States, including two more data center complexes in Texas, one in New Mexico, one in Ohio and another in a Midwest location it hasn't yet disclosed.

OpenAI Announces Partnerships With South Korean Chip Giants Over Stargate Project

SEOUL, South Korea (AP) -- OpenAI and South Korean tech conglomerates Samsung and SK on Wednesday announced partnerships to provide chips and other solutions for Stargate, a $500 billion project aimed at building infrastructure tied to artificial intelligence. The announcements came after OpenAI CEO Sam Altman met with South Korean President Lee Jae Myung and Korean corporate leaders in Seoul. Lee hailed the partnerships as a major opportunity for South Korea's semiconductor industry to solidify its role in AI and create more jobs. The partnerships commit Samsung Electronics and SK Hynix -- the world's two largest makers of memory chips -- to accelerate their production of advanced chips to meet OpenAI's increasing memory demands for the Stargate initiative, according to the companies' statements. The ChatGPT maker also reached separate agreements with SK Telecom, South Korea's top wireless carrier, to explore building an AI data center in the country, dubbed "Stargate Korea," and with other Samsung affiliates to collaborate on data center technologies and potentially expand local capacity. Samsung said the agreements between OpenAI, Samsung C&T, and Samsung Heavy Industries include a joint commitment to develop floating data centers, which potentially offer advantages over land-based centers by easing land scarcity, reducing cooling costs and cutting carbon emissions. "Korea has all the ingredients to be a global leader in AI -- incredible tech talent, world-class infrastructure, strong government support, and a thriving AI ecosystem," Altman said in a statement. Samsung Electronics Chairman Lee Jae-yong said the world is at a "pivotal moment with the advent of AI, and the industry must collaborate to effectively chart the future." Stargate, a joint venture between OpenAI, SoftBank, and Oracle backed by U.S. President Donald Trump, aims for a significant expansion of computing infrastructure to support the development and delivery of AI products. The companies have committed to eventually invest up to $500 billion to build large-scale data centers and secure energy generation needed to further AI development. OpenAI said last week that its flagship AI data center in Texas will be joined by five others around the United States, including two more data center complexes in Texas, one in New Mexico, one in Ohio and another in a Midwest location it hasn't yet disclosed.

OpenAI Taps Samsung And SK Hynix For Massive AI Data Push, Including New Korea Data Center - Microsoft (NASDAQ:MSFT), NVIDIA (NASDAQ:NVDA)

Samsung Electronics (OTC:SSNLF) and SK Hynix bagged initial deals on Wednesday to supply chips and equipment for Microsoft (NASDAQ:MSFT) backed OpenAI's Stargate project, reinforcing their dominance in advanced memory chips for artificial intelligence. Beyond memory chips, Samsung SDS, Samsung C&T, and Samsung Heavy Industries explored collaborations with OpenAI in floating data centers and advanced infrastructure design. Meanwhile, SK Telecom and OpenAI will jointly construct a dedicated AI data center in southwest Korea. Also Read: OpenAI's 4.5 GW Lease From Oracle Fuels Stargate's $500 Billion Vision SK Hynix remains a leading supplier of high-bandwidth memory (HBM) used in Nvidia's (NASDAQ:NVDA) AI accelerators. At the same time, Samsung continues to press for a larger share of the booming market. OpenAI CEO Sam Altman signed a letter of intent in Seoul with Korea's two most prominent companies, formalizing their role in one of the most ambitious AI infrastructure projects to date, Bloomberg reported on Wednesday. The Stargate initiative, backed by Nvidia, Oracle (NYSE:ORCL), and other global players, could generate demand of up to 900,000 wafers per month as it scales worldwide -- more than double the current international capacity for HBM, according to SK Hynix. Altman's Asia tour also includes meetings with Taiwan Semiconductor Manufacturing Co (NYSE:TSM) and Hon Hai Precision Industry in Taipei. Oracle deepened its role in OpenAI's $500 billion Stargate initiative by committing to expand U.S. data centers alongside OpenAI and SoftBank (OTC:SFTBY), after launching a $15 billion bond sale. The projects -- spanning Texas, New Mexico, the Midwest, and additional SoftBank-led builds in Ohio and Texas -- aim to add up to seven gigawatts of capacity in the near term, create 25,000 onsite jobs, and eventually scale to 10 gigawatts. Price Action: ORCL stock is down 0.80% at $279.00 as of the last check on Wednesday. NVDA is down 0.58%. Read Next: Nvidia Powers OpenAI And Oracle's $100 Billion Stargate Infrastructure, First AI Data Center Set To Launch in Texas Photo: Shutterstock MSFTMicrosoft Corp$514.40-0.69%OverviewNVDANVIDIA Corp$184.84-0.93%ORCLOracle Corp$279.50-0.62%SFTBYSoftBank Group Corp$62.79-0.81%SSNLFSamsung Electronics Co Ltd$42.480.34%TSMTaiwan Semiconductor Manufacturing Co Ltd$282.121.01%Market News and Data brought to you by Benzinga APIs

South Korea's Samsung and SK hynix join OpenAI's Stargate project

South Korea's Samsung Electronics (OTCPK:SSNLF) and SK hynix (OTCPK:HXSCF) are joining OpenAI's Stargate initiative to advance global AI infrastructure. Microsoft (NASDAQ:MSFT)-backed OpenAI said these partnerships will focus on increasing the supply of advanced memory chips essential for next-generation The partnership will boost advanced memory chip supply and data center capacity, making Korea pivotal in the AI supply chain and supporting global AI advancements. Floating data centers can mitigate land scarcity, lower cooling costs, and reduce carbon emissions, but technical complexity has limited their broader use so far. The agreements aim to promote regional economic growth, balanced job creation, and elevate Korea among the top global AI nations.

Samsung and OpenAI announce strategic partnership

OpenAI and several Samsung affiliates -- Samsung Electronics, Samsung SDS, Samsung C&T, and Samsung Heavy Industries -- have announced a letter of intent (LOI) for a strategic partnership. The collaboration aims to accelerate the development of global AI data center infrastructure and co-develop future technologies. The agreement brings together Samsung's expertise across semiconductors, data centers, shipbuilding, and cloud services with OpenAI's leadership in artificial intelligence. A signing ceremony was held at Samsung's headquarters in Seoul, attended by top executives from each participating company. Contributions by Samsung Affiliates Samsung Electronics will act as a strategic memory partner for OpenAI's global "Stargate" initiative. The company will supply advanced, high-performance, and energy-efficient DRAM solutions to meet OpenAI's projected memory demand of up to 900,000 DRAM wafers per month. Samsung Electronics will also leverage its comprehensive capabilities in logic, foundry services, and advanced chip packaging to provide unique solutions for OpenAI. Samsung SDS has entered into a potential partnership to jointly develop AI data centers and offer enterprise AI services. The company will contribute its expertise in the design, development, and operation of the Stargate AI data centers. Under the agreement, Samsung SDS can also provide consulting and management services for businesses integrating OpenAI models. Additionally, Samsung SDS has signed a reseller partnership to offer OpenAI's ChatGPT Enterprise services to local companies in South Korea. Samsung C&T and Samsung Heavy Industries will collaborate with OpenAI on global AI data centers, with a specific focus on the joint development of floating data centers. This approach aims to address challenges such as land scarcity and high cooling costs associated with traditional data centers while potentially reducing carbon emissions. The companies will also explore related opportunities in floating power plants and control centers. Broader Goals and Future Plans This partnership is part of Samsung's broader strategy to support South Korea's national goal of becoming one of the world's top three nations in artificial intelligence. Internally, Samsung is also exploring a wider adoption of ChatGPT to drive AI transformation within its own workplace.

Samsung, SK form AI infrastructure partnership with OpenAI - The Korea Times

Deals secure chip supply worth hundreds of billions of dollars Samsung and SK each signed comprehensive partnerships on artificial intelligence (AI) infrastructure with OpenAI, during OpenAI CEO Sam Altman's visit to Korea, Wednesday. The partnerships, respective letter of intent with Samsung Group and SK Group, will each enable Samsung Electronics and SK hynix to supply AI-specific memory chips worth hundreds of billions of dollars for Stargate project, a $500 billion joint venture between OpenAI, Oracle and SoftBank for AI infrastructure in the U.S. As part of Stargate project, OpenAI expects to need about 900,000 wafers' worth of high-performance DRAM each month to empower ChatGPT and its other AI solutions. During the visit, Altman noted that OpenAI hopes to source a significant portion of the demand from the Korean chip giants, helping the two secure stable and long-term client base. Samsung Group said Wednesday its Chairman Lee Jae-yong and Altman signed a letter of intent (LOI) for a partnership on AI infrastructure. The LOI involves Samsung Electronics, Samsung SDS, Samsung C&T and Samsung Heavy Industries. Under the partnership, Samsung Electronics will supply low-power memory chips to OpenAI to ensure the ChatGPT operator does not face difficulties in securing memory solutions. Samsung Electronics did not specify which type of memory chip it will supply, but it is widely expected to be high-bandwidth memory (HBM), a form of DRAM essential for powering AI accelerators such as graphics processing units (GPUs) used in data centers. Samsung Electronics has a portfolio that spans memory semiconductors, system semiconductors and foundry services, covering the full range of products needed for AI training and inference. The company said it can provide OpenAI with differentiated solutions through its packaging technologies and the integration of memory and system semiconductors. SK Group also formed an LOI and a MOU during a meeting between SK Group Chairman Chey Tae-won and Altman. Under the LOI, SK hynix, the world's leading HBM supplier, will become "a partner supplying HBM for Stargate project" and secure manufacturing capacity to meet OpenAI's demand. SK Group said OpenAI's request amounts to more than twice the current global production capacity of HBM, based on wafer volume. "SK Group has joined Stargate project as a key partner," Chey said during the signing ceremony. "We will focus on our integrated AI infrastructure capabilities on this partnership, taking an active role in driving global AI infrastructure innovation and strengthening Korea's national AI competitiveness." Along with cooperating for GPUs, SK hynix and OpenAI will discuss further details on expanding the two sides' cooperation. "The deals come as a critical juncture for the Korean AI ecosystem, as guaranteed semiconductor production worth hundreds of billions of dollars for years to come," a senior industry official said. After signing the partnerships, Altman, Lee and Chey met President Lee Jae Myung at the presidential office in Seoul to discuss ways to expand cooperation with Korean companies. "The expansion of AI is impossible without semiconductors, and Samsung and SK both play a central role in the global market," President Lee said. "The HBM supply partnership LOIs signed by the three companies are a win-win partnership that will lead the global market. We also expect the collaboration to contribute to expanding exports and creating jobs in Korea, and hope that Samsung and SK will play a key role in the global spread of AI together with OpenAI."