Nvidia Announces Major AI Infrastructure Deals with South Korean Companies
During CEO Jensen Huang’s visit to South Korea, Nvidia announced strategic partnerships with SK Hynix, SK Telecom, Naver, Doosan, and LG Group to develop AI data centers and next-generation memory chips. Key projects include a gigawatt-scale AI cloud with SK Telecom (first factory by 2027) and a multi-year memory supply deal for Nvidia’s Vera Rubin supercomputers. The deals strengthen Nvidia’s AI ecosystem and South Korea’s semiconductor supply chain, though tech stocks fell amid broader market concerns.
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Nvidia Corp Lands AI Infrastructure Deals in South Korea
Nvidia Corp announced a major AI infrastructure deal with South Korean technology company Naver on June 7, 2026. Naver will expand its AI computing capacity using Nvidia's DSX infrastructure platform to build AI factories, starting with a 55-megawatt facility at Naver's GAK Sejong data center, with potential to grow to gigawatt-scale. The deal supports growing demand for sovereign AI platforms, where governments and businesses build AI systems on local infrastructure. This partnership is part of Nvidia's broader push in South Korea, which includes AI infrastructure partnerships with SK Telecom and SK Hynix, announced during a visit by Nvidia CEO Jensen Huang. Nvidia shares have gained over 10% year-to-date and more than 45% over the past year, with analysts forecasting nearly 50% upside.
Yahoo FinanceNVIDIA Partners with South Korea's LG Group on Humanoid Robots and Data Centers
NVIDIA Corporation (NVDA) announced a partnership with South Korea's LG Group to collaborate on humanoid robots and data centers, as revealed by CEO Jensen Huang on June 8, 2026, after a meeting with LG Chairman Koo Kwang-mo in Seoul. The collaboration focuses on motor technology and mechanical systems for humanoid robotics. This follows the launch of the Physical AI Living Lab by AI cloud company Nebius on June 9, 2026, a six-month program providing British and European robotics startups with NVIDIA's physical AI tools and Nebius cloud infrastructure. NVIDIA also reported a record fiscal first quarter 2027, with revenue of $81.6 billion (up 85% YoY) and Data Center revenue of $75.2 billion (up 92% YoY). The company guided Q2 revenue of $91.0 billion. NVIDIA, known for its GPUs and AI computing platforms, continues to expand beyond chips into physical AI and robotics.
Yahoo FinanceNVIDIA Corporation: A Forever Stock to Buy amid Growing Business Ties in Korea
NVIDIA Corporation is highlighted as a top 'forever stock' by analysts following a strategic partnership with South Korea's SK Telecom. On June 8, 2026, SK Telecom announced it will use NVIDIA's DSX platform to build a gigawatt-scale AI cloud infrastructure in Korea, set to go online next year. The AI factory will support enterprise AI services, training, inference, and agentic AI workloads. NVIDIA CEO Jensen Huang noted that telecom networks are becoming national AI infrastructure. The partnership builds on existing AI initiatives, including digital twin applications for semiconductor facilities using Omniverse libraries. SK Telecom will also join NVIDIA's Cloud Partner program, gaining access to AI infrastructure software and developer tools. The two companies plan further collaboration on next-generation AI factory architecture, accelerated computing, memory technologies, and data center operations. The article positions NVIDIA as a full-stack AI infrastructure company driving the AI revolution.
Yahoo FinanceNVIDIA CEO and SK Group Expected to Announce Collaboration Plans
NVIDIA Corporation (NASDAQ:NVDA) and South Korea's SK Group are expected to announce a cooperation plan following meetings between CEO Jensen Huang and SK Group chairman Chey Tae-won in Seoul. SK Hynix confirmed that Huang and Chey plan to brief the media on Monday morning. Huang hinted at collaboration spanning AI supercomputers, CPUs, PCs, and robotics. He also discussed the ongoing memory shortage, noting that supply constraints from wafers to packaging to silicon photonics are unlikely to end soon due to overwhelming demand. This is Huang's second visit to South Korea in seven months, signaling deepening ties across chips, robotics, and AI infrastructure. Huang emphasized that robotics will be South Korea's next major sector and that chip manufacturing will increasingly be driven by AI and robotics.
Yahoo FinanceNVIDIA CEO and SK Group Expected to Announce AI and Robotics Collaboration Plans
On June 7, 2026, Reuters reported that NVIDIA Corporation (NASDAQ:NVDA) and South Korea's SK Group are expected to announce a cooperation plan following meetings between CEO Jensen Huang and SK Group chairman Chey Tae-won in Seoul. SK Hynix confirmed that Huang and Chey plan to brief the media on Monday morning. Huang hinted at collaboration spanning AI supercomputers, CPUs, PCs, and robotics. He also discussed the ongoing memory shortage, noting that supply constraints from wafers to packaging to silicon photonics persist due to overwhelming demand. This marks Huang's second visit to South Korea in seven months, signaling deepening ties in chips, robotics, and AI infrastructure. Huang emphasized that robotics will be South Korea's next major sector and that chip manufacturing will increasingly be driven by AI and robotics. NVIDIA, founded in 1993, is a fabless semiconductor and AI computing company.
Yahoo FinanceNvidia and SK Group to Announce Expanded AI and Semiconductor Partnership
On June 7, 2026, Reuters reported that Nvidia (NVDA) and SK Group are set to announce a new cooperation plan on Monday, following a meeting between Nvidia CEO Jensen Huang and SK Group Chairman Chey Tae-won in Seoul. While specific details remain undisclosed, both companies confirmed executives will brief media on joint efforts in AI supercomputing, CPUs, robotics, and other high-demand sectors. During his visit, Huang warned that the global semiconductor supply chain, from wafers to silicon photonics, faces unprecedented strain, and that the industry-wide memory shortage driven by exceptionally high demand is expected to persist for 'quite a few years.' The collaboration aims to address the complex demands of the AI infrastructure market, spanning supercomputers to next-generation personal computing hardware.
Yahoo FinanceNvidia signs multi-year memory chip deal with SK Hynix
Nvidia and SK Hynix announced a multi-year technology partnership on Monday to develop next-generation memory chips for AI data centers. The agreement covers memory supply for Nvidia's Vera Rubin AI supercomputers, Vera CPUs, RTX Spark-powered PCs, and Jetson Thor robotic platforms. The firms will also apply AI to chip design and manufacturing using Nvidia's CUDA-X libraries and PhysicsNeMo framework. Nvidia CEO Jensen Huang described SK Hynix as Nvidia's largest memory partner, noting existing annual purchases of billions of dollars that will grow substantially. Despite the deal, SK Hynix stock fell 7.7% amid a broad tech rout in South Korea triggered by strong US employment data raising fears of Fed rate hikes. Huang downplayed the selloff, calling it a buying opportunity. The announcement was part of a broader slate of deals during Huang's South Korea visit, including agreements with SK Telecom and Naver.
Yahoo FinanceNvidia signs multi-year memory chip deal with SK Hynix
Nvidia and SK Hynix announced a multi-year technology partnership on June 8, 2026, to develop next-generation memory chips for AI data centers. The agreement covers memory supply for Nvidia's Vera Rubin AI supercomputers, Vera CPUs, RTX Spark-powered PCs, and Jetson Thor robotic platforms. The firms will also apply AI to chip design and manufacturing using Nvidia's CUDA-X libraries and PhysicsNeMo framework. Nvidia CEO Jensen Huang described SK Hynix as Nvidia's largest memory partner, noting the deal runs more than two years with extension options. Despite the positive news, SK Hynix stock fell 7.7% and Samsung Electronics dropped 10.2% amid a broad tech rout triggered by strong U.S. employment data fueling Fed rate hike fears. Huang dismissed the selloff, calling it a buying opportunity. The announcement was part of a broader slate of deals during Huang's South Korea visit, including SK Telecom's gigawatt-scale AI cloud infrastructure plans and a partnership with Naver for AI market expansion in Europe, the Middle East, and Asia-Pacific.
Yahoo FinanceNvidia deepens South Korea ties through new AI partnerships
Nvidia announced a series of strategic partnerships with major South Korean technology groups during CEO Jensen Huang's visit to the country. The collaborations include a multi-year technology partnership with SK Hynix to develop next-generation memory solutions for AI data centers, and a plan with SK Telecom to build a gigawatt-scale AI cloud platform in South Korea, with the first data center expected to begin operations in 2027. Naver and Doosan Group also agreed to collaborate on AI data center infrastructure, with Doosan incorporating its energy technologies into Nvidia's platforms. Additionally, Nvidia is working with LG Group on humanoid robots and data centers. The agreements strengthen Nvidia's presence in South Korea, a key player in the global semiconductor supply chain and AI infrastructure development.
Yahoo FinanceNvidia deepens South Korea ties through new AI partnerships
Nvidia announced a series of strategic agreements with major South Korean technology companies during CEO Jensen Huang's visit to the country. The partnerships include a multi-year technology collaboration with SK Hynix to develop next-generation memory solutions for AI data centers, and a plan with SK Telecom to build a gigawatt-scale AI cloud platform in South Korea, with the first data center expected to begin operations in 2027. Naver and Doosan also joined Nvidia for AI data center infrastructure projects, while LG Group is working with Nvidia on humanoid robots and data centers. The deals strengthen Nvidia's position in the global AI ecosystem and deepen ties with South Korea's critical semiconductor supply chain.
Yahoo FinanceNvidia unveils AI infrastructure deals in South Korea
Nvidia announced a large-scale AI data centre construction project in South Korea with SK Telecom, aiming to build a gigawatt-scale AI cloud with the first factory online by 2027. The company also signed a multi-year technology partnership with SK hynix to develop advanced memory components for AI systems, addressing global shortages. Nvidia CEO Jensen Huang visited Seoul, meeting tech leaders and appearing on a TV show. Additional collaborations were announced with Naver and Doosan Group. The race to build AI data centres has driven Nvidia's value above $5 trillion and boosted profits for memory chip makers like SK hynix and Samsung Electronics, though shortages may persist until 2030.
The Hindu: Latest News today from India and the World, Breaking news, Top Headlines and Trending News Videos.Nvidia clinches deals with South Korean giants including SK Group to advance AI boom
Nvidia has secured strategic deals with major South Korean companies, including SK Group, to further advance the artificial intelligence boom. South Korea, a key manufacturing hub for chips, electronics, cars, and ships, is partnering with Nvidia to strengthen AI infrastructure and supply chains. The agreements were highlighted by a handshake between Nvidia CEO Jensen Huang and SK Chairman Chey Tae-won on Monday, June 8, 2026. These partnerships aim to leverage South Korea's industrial capabilities to support Nvidia's AI hardware and software ecosystem, potentially boosting production of AI-related components and expanding Nvidia's market reach in Asia.
The Business TimesNvidia announces deals with South Korea’s SK Hynix, Naver and Doosan for AI data centres
Nvidia has announced strategic deals with South Korean companies SK Hynix, Naver, and Doosan to collaborate on AI data centres. The agreements were made during a high-profile trip by Nvidia CEO Jensen Huang to South Korea. SK Hynix, along with rival Samsung Electronics, is one of the world's two largest memory chipmakers, highlighting the significance of these partnerships for AI infrastructure development.
The Business Times