Nvidia CEO, SK Chairman to Unveil Cooperation Plan Monday — Report

• The announcement follows a dinner meeting between Huang and several major South Korean business leaders, including SK Group and LG Group chairmen, held in Seoul on June 5
• SK Hynix, a major memory chip manufacturer and SK Group subsidiary, is a key supplier to Nvidia and would be the likely partner in any cooperation plan
• Huang confirmed plans for a Monday announcement with SK when speaking to reporters on Sunday, though specific details of the cooperation have not been revealed

Summary

Key Development:

Nvidia CEO Jensen Huang and SK Group Chairman Chey Tae-won are scheduled to announce a cooperation plan on Monday, June 7, 2026, according to South Korean media outlet Newsis. Huang confirmed to reporters on Sunday that he would likely make an announcement with SK on Monday.

Companies Involved:

• Nvidia: Leading graphics processing and AI chip manufacturer
• SK Group/SK Hynix: Major South Korean conglomerate; SK Hynix is a leading memory chip producer

Context:

The announcement follows a high-profile dinner meeting on June 5, 2026, in Seoul, which included Huang, Chey, LG Group Chairman Koo Kwang-mo, and Naver Chairman Lee Hae-jin, suggesting broader technology sector collaboration in South Korea.

Market Implications:

While specific details remain undisclosed, cooperation between Nvidia and SK Group—particularly SK Hynix—could strengthen supply chain ties for AI and high-performance computing components. SK Hynix is a critical supplier of high-bandwidth memory (HBM) chips, which are essential for Nvidia's advanced AI processors. Any partnership could enhance production capacity, technology development, or strategic investment in the rapidly growing AI semiconductor market.

Outstanding Information:

SK Hynix has not yet commented on the announcement. No financial terms, investment amounts, or specific cooperation areas have been disclosed ahead of Monday's planned announcement.

The development underscores the strategic importance of Korea-U.S. technology partnerships in the competitive global semiconductor and AI industries.