Market Chatter: SK Group's Ulsan AI Data Center Close to 900-Megawatt Capacity Expansion

MT Newswires Live

2 hours ago

SK Group's planned Ulsan AI data center is closing in on a 900 megawatt capacity expansion, The Korea Times reported Sunday, citing Chairman Chey Tae-won.

The company is fast advancing discussions with global technology companies as it looks to transform the city into a manufacturing AI hub, the report cited Tae-won's statement in a forum.

The AI data center, a partnership between the company's telecom subsidiary SK Telecom (KRX:017670) and Amazon Web Services, plans to start operations in the second half of 2027, the report said.

The company expanded the planned capacity for the site to 1 gigawatt from 100 megawatts originally and also looks to develop capacity exceeding 2 gigawatts for the South and North Gyeongsang provinces, the report said.

(Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

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This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)</p></body></html>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"VTHR","symbol_name":"Vanguard Russell 3000 ETF","start_time":0,"source_url":"https://www.mtnewswires.com/","article_id":"2667637205","we_media_id":"1092851196","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=2667637205","pubTimestamp":1789363440,"columns":[],"sourceInfo":{"source_id":"mtnewswires_news","name":"MT Newswires"},"weMediaInfo":{"media_name":"MT Newswires Live","introduction":"The most recognized names in North America, Europe and Asia rely on MT Newswires to power their applications. 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