# South Korea's $165M bet: The K-Nvidia era begins

- slug: south-koreas-165m-bet-the-k-nvidia-era-begins
- date: 2026-03-31
- category: Artificial Intelligence

South Korea bet $165 million on a NVIDIA competitor through its government K-Nvidia initiative — and one of that company’s investors is SK Hynix, which supplies HBM memory to NVIDIA and is subject to US export controls on advanced chips to China.

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