Samsung, SK Hynix Sign $950B AI Semiconductor Supply Deals with Nvidia, Broadcom

1. 1Samsung Electronics (005930.KS) and SK Hynix (SKHY) signed a combined $950 billion worth of AI semiconductor supply contracts with Nvidia (NVDA) and Broadcom (AVGO) over the weekend.
2. 2SK Hynix agreed to supply memory chips worth $750 billion to U.S. firms including Nvidia, while Samsung separately signed a $200 billion memorandum of understanding with Broadcom.
3. 3Despite the announcements, shares of both companies fell on Monday, indicating that expectations of an AI rally were already largely priced into the stocks.

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