By Maham Fatima
Publication Date: 2026-06-09 23:21:00
NVIDIA Corporation (NASDAQ:NVDA) is one of the most profitable growth stocks to buy. On June 7, Reuters reported that NVIDIA and SK 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 of the partnership remain under wraps, both companies confirmed that executives plan to brief the media on their joint efforts in AI supercomputing, CPUs, robotics, and other high-demand sectors.
During his visit, Jensen Huang emphasized that the current global semiconductor supply chain, ranging from wafers and packaging to silicon photonics, is facing unprecedented strain. He warned that the industry-wide memory shortage is driven by exceptionally high demand and is expected to persist for “quite a few years.”
This collaboration comes at a critical time as NVIDIA Corporation (NASDAQ:NVDA) continues to navigate a constrained supply landscape. By coordinating with key partners like SK Hynix, the companies aim to address better the complex demands of the AI infrastructure market, which currently spans everything from supercomputers to next-generation personal computing hardware.
NVIDIA Corporation (NASDAQ:NVDA) is a fabless semiconductor and AI computing company that designs GPUs, AI accelerators, Application Programming Interfaces/APIs, and…
