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economictimes.indiatimes.comJUN 87 min read$NVDABullishLow

Nvidia clinches deals with South Korean giants include SK Group to advance AI boom

Nvidia said it signed deals in South Korea during CEO Jensen Huang’s trip, including with SK Group. SK Hynix and SK Telecom agreed agreements, with SK Hynix announcing a multi-year technology partnership to develop advanced memory for global AI data centers. Nvidia also said SK Telecom, Naver, Doosan, and LG Group will use Nvidia technology for AI infrastructure. Deal values were not disclosed.

AI DeskJune 8, 2026
Source · economictimes.indiatimes.com
AI analysis
Relevance
6/10
Novelty
4/10
Actionability
Low
Sentiment · $NVDA
Bullish
Timing
During Nvidia’s South Korea CEO trip (deals announced Monday)
Market alignment
Supports AI supply-chain optimism despite broader tech selloff tied to U.S. jobs/Fed-rate expectations
Why this matters for $NVDA

Deal reinforces Nvidia’s AI platform execution by locking in advanced HBM supply and expanding customer buildouts in Korea.

Relevance context

Nvidia announced multi-party South Korea deals, including a multi-year SK Hynix technology partnership to secure AI memory supply.

Price-impact prediction

Moderately positive bias for NVDA as supply risk eases and AI data-center demand read-through strengthens.

Background

Nvidia CEO Jensen Huang is on a high-profile South Korea trip and is using partner meetings to secure AI supply-chain inputs, especially HBM memory used in AI servers.

Why it matters

The article’s core new information is the Nvidia–SK Hynix multi-year technology partnership and the related AI cloud/data-center build plans using Nvidia technology; it reduces perceived memory supply risk for Nvidia’s AI roadmap.

Market relevance

Traders can use the partnership to gauge AI server supply-chain confidence (HBM availability) and longer-cycle demand for AI data-center buildouts in Korea.

Market effects

Sector

HBM shifts from commodity toward customer-specific supply partnerships, potentially tightening memory pricing power and capacity planning for AI data centers.

Regional

Korea memory names sold off on macro risk, but Nvidia’s Korea deals reinforce longer-cycle AI demand for local suppliers.

Global

If Nvidia’s AI buildout accelerates with secured HBM supply, it can influence global AI server production schedules and memory procurement patterns.

Alternative perspectives

Contrarian view

Without disclosed deal values or quantified capacity commitments, the market may already be pricing “AI supply security,” limiting incremental upside.

Overlooked factors

Macro-driven tech risk (rate-hike fears) could dominate near-term memory/AI-equipment sentiment even if partnerships are strategically positive.

Key entities

  • company
    Nvidia

    Announced South Korea deals and a multi-year SK Hynix technology partnership to support AI memory supply.

  • company
    SK Group / SK Hynix

    Agreed a multi-year technology partnership with Nvidia to develop advanced memory for global AI data centers.

  • company
    SK Telecom

    Plans a gigawatt-scale AI cloud in South Korea using Nvidia technology, with first data center online in 2027.

  • company
    Naver

    Will use Nvidia technology to help build AI data centers (no deal value disclosed).

  • company
    Doosan Group

    Expected its energy solution to be used in Nvidia data center platforms and to use Nvidia’s physical AI technology.

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