EL7.AI
StocksMediumUpdated×3•Originally published 7 June 2026•Updated 8 June 2026•
2 min read

Nvidia and SK Group Set to Announce Strategic AI Supply Chain Partnership

Key Facts

1Nvidia CEO Jensen Huang and SK Group Chairman Chey Tae-won are expected to announce a cooperation plan on Monday.

Amid the intensifying race to secure critical components for advanced computing infrastructure, a new alliance is poised to strengthen the leadership of major players in the semiconductor market. Nvidia CEO Jensen Huang and SK Group Chairman Chey Tae-won are scheduled to announce a strategic cooperation plan on Monday. This partnership is expected to focus on securing high-bandwidth memory (HBM) supply chains, which are essential for Nvidia's AI processors, given SK Hynix's role as a pivotal supplier in this segment.

This move comes as competition heats up among chipmakers, with Nvidia seeking to widen its lead over rivals like AMD, which closed at $205.10, and Intel, which stood at $205.10 per market data. Compared to previous periods, South Korean export data released on June 1 showed a robust 53.2% year-over-year growth, highlighting the surging global demand for semiconductors. Industry reports further indicate that SK Hynix has already commenced mass production of next-generation HBM3E units to satisfy the accelerating needs of the data center market.

Regarding market performance, NVDA closed at $205.1 on June 5, 2026, after reaching an intraday high of $214.87. Investors are closely watching Monday's announcement as a potential catalyst for the stock, while also monitoring key economic data such as South Korea's inflation rate, which recently hit 3.1%, as it may impact production costs and logistics for Asian suppliers.

Latest Updates · 3

  1. Notable·

    Update: Nvidia has broadened its South Korean alliance network, with CEO Jensen Huang announcing a new partnership with LG Group. This collaboration focuses on humanoid robotics and data center infrastructure, signaling a strategic move to diversify its technological footprint beyond memory supply chains.

  2. Notable·

    Update: SK Hynix officially announced on Monday a multi-year technology partnership with Nvidia, aimed at advancing next-generation memory solutions for global AI data centers. This confirmation solidifies the collaboration beyond simple supply chain logistics, focusing on the joint development of advanced computing infrastructure.

  3. Notable·

    Update: Nvidia's CEO has officially confirmed that the upcoming 'Vera' AI chip will integrate SK Hynix memory components. Furthermore, the company issued a bullish outlook for the partnership, stating it expects a very strong performance throughout the second half of the year and into next year as these new products hit the market.