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businesstimes.com.sgJUN 86 min read$NVDABullishMed

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

Nvidia said it signed undisclosed deals in South Korea with SK Group affiliates SK Hynix and SK Telecom, plus Naver and Doosan, as it seeks memory supply for AI data centers. SK Hynix agreed a multi-year technology partnership to develop advanced memory for global AI centers, and said it will remain Nvidia’s largest memory partner. SK Telecom plans a gigawatt-scale AI cloud with a first center in 2027.

AI DeskJune 8, 2026
Source · businesstimes.com.sg
AI analysis
Relevance
7/10
Novelty
6/10
Actionability
Med
Sentiment · $NVDA
Bullish
Timing
during Nvidia CEO Jensen Huang’s South Korea trip (announced Jun 8)
Market alignment
supports AI supply-chain optimism despite risk-off in global tech
Why this matters for $NVDA

Deal headlines reinforce Nvidia’s AI supply-chain leverage and potential demand visibility for GPUs/AI platforms.

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

Near-term upside bias for NVDA on deal confirmation, though magnitude is uncertain since deal values weren’t disclosed.

Background

Nvidia is expanding its AI platform footprint while memory makers face demand strain; the CEO trip is framed as securing supply and new customers in South Korea.

Why it matters

New multi-year partnership language with SK Hynix and stated intent for additional purchases suggest Nvidia is tightening access to advanced memory for AI data centers, while cloud/data-center buildouts by SK Telecom, Naver, and Doosan point to downstream deployment.

Market relevance

Fresh partnership disclosures with SK Hynix and AI cloud/data-center buildout plans in South Korea provide a tangible AI infrastructure demand read-through for Nvidia’s ecosystem.

Market effects

Sector

Strengthens the AI hardware supply-chain narrative (compute + memory) and may support sentiment across high-end AI infrastructure demand.

Regional

Highlights South Korea’s role in AI memory and cloud buildouts, potentially supporting local semis sentiment even amid a tech selloff.

Global

Signals continued capex/expansion by major Asian tech firms into Nvidia-based AI data centers, reinforcing global AI infrastructure demand.

Alternative perspectives

Contrarian view

Without disclosed deal values, the market may treat this as relationship/optionality news rather than a near-term revenue catalyst.

Overlooked factors

The article coincides with a broader tech rout tied to US jobs data/Fed hike bets; that macro overhang could dominate any positive deal sentiment in the short run.

Key entities

  • company
    Nvidia

    Announced South Korea deals and a multi-year SK Hynix technology partnership to develop advanced memory for AI data centers.

  • company
    SK Hynix

    Signed a multi-year technology partnership with Nvidia for advanced memory development; said it will remain Nvidia’s largest memory partner.

  • company
    SK Telecom

    Plans a gigawatt-scale AI cloud in South Korea using Nvidia technology; first AI data center targeted for 2027.

  • company
    Naver

    Will use Nvidia technology to help build AI data centers (no financial terms disclosed).

  • company
    Doosan Group

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

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