NVIDIA’s (NVDA) CEO and South Korea’s SK Group Expected to Announce Collaboration Plans

NVIDIA Corporation (NASDAQ:NVDA) is among the Top 10 Unstoppable Growth Stocks to Invest In. On June 7, Reuters reported that NVIDIA Corporation (NASDAQ:NVDA) and South Korea’s SK Group are expected to announce a cooperation plan. This move comes after meetings between CEO Jensen Huang and SK Group chairman Chey Tae-won in Seoul.

​According to Reuters, SK Hynix confirmed that Huang and Chey plan to brief the media on Monday morning. Huang separately told reporters that announcements with SK were likely, hinting at collaboration spanning AI supercomputers, CPUs, PCs, and robotics.

​Huang also talked about the memory shortage, noting that he does not see a near-term end to the shortage as everything from wafers to packaging to silicon photonics is in short supply due to overwhelming demand.

This is Huang’s second visit to South Korea in seven months and signals deepening ties with the country across chips, robotics, and AI infrastructure. Speaking to reporters after landing at Gimpo International Airport, Huang noted that robotics will be South Korea’s next major sector. He emphasized that chip manufacturing will increasingly be driven by AI and robotics.

Founded in 1993, the California-based company, NVIDIA Corporation (NASDAQ:NVDA) is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces (APIs), and system-on-a-chip units.

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