Nvidia, SK to detail cooperation plan as Huang flags prolonged chip shortage
Jensen Huang said memory chip shortages could last for years as Nvidia and SK prepare a cooperation plan on AI, robotics and supplier alignment.
- Nvidia CEO Jensen Huang arrived in Seoul on Friday for his second visit in seven months, underscoring South Korea's critical importance to the global AI boom.
- Samsung Electronics and SK Hynix together provide about 70 per cent of the memory chips required for Nvidia's AI products, making South Korea a critical ecosystem partner.
- The 63-year executive will appear on You Quiz, South Korea's most popular talk show, and throw the first pitch at Sunday's Doosan Bears home game against the Kiwoom Heroes.
- Huang told reporters he wants Korean suppliers "aligned" on memory chips while prioritizing robotics, saying, "Because Korea is a manufacturing centre of the world, we can apply the robotics technology... for the industry."
- As Nvidia seeks manufacturing partners to commercialize AI applications, Korea is emerging as an ideal testbed; Huang also said the company has started hiring for a research and development centre in the country.
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NVIDIA CEO Has Good News for Micron and SanDisk Investors: "The Memory Shortage to Continue for Several Years"
NVIDIA (NASDAQ:NVDA | NVDA Price Prediction) CEO Jensen Huang, speaking from South Korea tonight after Friday’s brutal chip sell-off, told investors that “AI-related stocks are very cheap right now.” More importantly for memory bulls, he framed the AI supply crunch as a multi-year condition, an unmistakably positive read-through for Micron Technology (NASDAQ:MU) and SanDisk (NASDAQ:SNDK), ... NVIDIA CEO Has Good News for Micron and SanDisk Inves…
"SK Hynix to Continue as NVIDIA's Largest Memory Supplier" "Korea Can Be Proud... World's Best in Semiconductors and Heavy Industries" "Everyone Will Utilize AI... Building Korea's Insufficient AI Infrastructure Together with SK" (Seoul = Yonhap News) Reporter Kim Min-ji
Huang predicts a memory shortage for several years and discusses technological innovations.
Nvidia, SK to detail cooperation plan as Jensen Huang flags prolonged chip shortage
SEOUL: Nvidia and South Korea's SK are expected to announce a plan for cooperation between the two companies on Monday (Jun 8), with the boss of the US chipmaker saying that the ongoing memory shortage would persist for "quite a few years".A spokesperson for SK Hynix said group chairman Chey Tae-won and Nvidi
Nvidia, SK Hynix to detail cooperation plan as Huang flags prolonged chip shortage
Nvidia CEO Jensen Huang said the ongoing memory shortage would persist for quite a few years. (EPA Images pic) SEOUL: Nvidia and South Korea’s SK Hynix are expected to announce a plan for cooperation between the two companies on Monday, with the boss of the US chipmaker saying that the ongoing memory shortage would persist for “quite a few years”. A spokesman for SK Hynix said group chairman Chey Tae-won and Nvidia CEO Jensen Huang plan to brief…
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