StocksMedium13 August 2026
1 min read

SK Hynix Shares Jump 8% as Chairman Reaffirms Critical Nvidia Partnership

Key Facts

1SK Group Chairman Chey Tae-won stated that Nvidia remains the company’s most important customer.
2The Chairman argued that the AI ecosystem would not exist without Nvidia.

Amid the rapid expansion of the AI semiconductor sector, SK Hynix shares surged by 8% following supportive comments from group leadership. SK Group Chairman Chey Tae-won stated that Nvidia remains the company’s most important customer. According to reports, the Chairman argued that the entire AI ecosystem would not exist without Nvidia, reinforcing the strategic bond between the two firms.

The Chairman's remarks aimed to dismiss concerns regarding over-reliance on a single partner, bolstering investor confidence in SK Hynix's position within the AI supply chain. Per market data, this sentiment aligns with a broader sector focus where peer TSM closed at $225.85 on August 13, 2026, while AMD and INTC stood at $225.85 and $97.52 respectively as of August 10, 2026.

NVDA shares closed at $225.85 on August 13, 2026, as markets evaluate the long-term stability of AI hardware demand. While the upcoming economic calendar shows no immediate sector-specific catalysts, traders remain mindful of broader regional signals, such as China's inflation rate which was reported at 0.5% YoY on August 9, 2026.