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rappler.comJUN 86 min read$NVDABullishMed

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

Nvidia said it signed deals in South Korea with SK Group affiliates SK Hynix and SK Telecom, plus Naver and Doosan, during CEO Jensen Huang’s trip. SK Hynix agreed a multi-year technology partnership to develop advanced memory for global AI data centers and support Nvidia supply; Nvidia said it already buys “billions” annually. SK Telecom plans a gigawatt-scale AI cloud with a first center in 2027. Deal values were not disclosed.

AI DeskJune 8, 2026
Source · rappler.com
AI analysis
Relevance
7/10
Novelty
5/10
Actionability
Med
Sentiment · $NVDA
Bullish
Timing
CEO Jensen Huang’s South Korea trip and deal announcements reported today (June 8).
Market alignment
Supports AI infrastructure demand narrative despite broader tech volatility from US jobs/rate-hike fears.
Why this matters for $NVDA

New supply/customer momentum in AI infrastructure; supports NVDA’s AI platform buildout narrative.

Relevance context

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

Price-impact prediction

Mildly positive near-term bias; upside depends on whether counterparties signal incremental volumes beyond existing procurement.

Background

The article frames Nvidia’s South Korea trip as aimed at securing advanced memory supply for AI data centers and expanding customer deployments across cloud, robotics, and future data-center architecture.

Why it matters

The most actionable element is the confirmation of a multi-year Nvidia–SK Hynix technology partnership and SK Telecom/Naver/Doosan AI data-center initiatives using Nvidia technology.

Market relevance

Deal announcements provide a direct AI supply-chain and deployment read-through for Nvidia and its memory ecosystem, even as South Korean semis trade under macro pressure.

Market effects

Sector

Reinforces the shift of memory from commodity to customer-specific AI roadmaps, potentially tightening supply for advanced AI memory types.

Regional

South Korea AI supply-chain and data-center buildout narrative strengthens even as Kospi/semis sold off on global tech risk.

Global

Signals continued AI capex and platform buildouts by major hyperscale/cloud and enterprise players, supporting the broader AI hardware complex.

Alternative perspectives

Contrarian view

Without disclosed deal values/volumes, the market may treat this as incremental PR rather than a measurable earnings catalyst.

Overlooked factors

The article notes a global chip stock rout tied to rates; near-term price action may be dominated by macro/discount-rate moves rather than supply-chain headlines.

Key entities

  • company
    Nvidia

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

  • company
    SK Hynix

    Signed a multi-year technology partnership with Nvidia for advanced memory development for global AI data centers.

  • company
    SK Telecom

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

  • company
    Naver

    Will use Nvidia technology to help build AI data centers in South Korea.

  • company
    Doosan Group

    Expects its energy solution and physical AI technology usage in Nvidia data-center platforms; also linked to Blackwell-related materials/robots.

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