Stock Markets June 7, 2026 09:41 PM

Nvidia forges partnerships with SK Hynix, Naver and Doosan to build AI data centres in South Korea

Agreements cover next-generation memory, gigawatt-scale cloud plans and energy and robotics integrations using Nvidia technology

By Maya Rios
Share
Twitter Reddit Facebook LinkedIn
NVDA

Nvidia announced partnerships with South Korea's SK Hynix, internet giant Naver and conglomerate Doosan to deploy its technology in AI data centres. The deals, revealed during Nvidia CEO Jensen Huang's visit to South Korea, include a multi-year technology collaboration with SK Hynix to advance memory for AI data centres and plans for a gigawatt-scale AI cloud operated by SK Telecom, with the first centre expected in 2027. Deal values were not disclosed.

Nvidia forges partnerships with SK Hynix, Naver and Doosan to build AI data centres in South Korea
NVDA
Summarize with
ChatGPT Perplexity Claude Grok Gemini

Key Points

  • Nvidia announced partnerships with SK Hynix, Naver and Doosan to build AI data centres and employ Nvidia technology.
  • SK Hynix and Nvidia signed a multi-year technology partnership to develop next-generation memory for global AI data centres; SK Telecom will build a gigawatt-scale AI cloud in South Korea with the first centre expected in 2027.
  • Doosan plans to contribute its energy solutions to Nvidia's data centre platforms and will use Nvidia's physical AI technology; Naver will also use Nvidia technology for its AI data centre build-outs.

Nvidia said on Monday that it has reached agreements with South Korea's SK Hynix, Naver and Doosan Group to build AI data centres and to use the U.S. chip designer's technology in those facilities. The announcements came as Nvidia CEO Jensen Huang continued a high-profile visit to South Korea that began on Friday and included informal meetings with senior corporate leaders, a baseball pitch appearance and a meeting with a prominent gamer.

Company representatives did not provide financial details for the arrangements. Nvidia and SK Hynix described a multi-year technology partnership intended to advance next-generation memory designed for global AI data centres.

SK Hynix said the collaboration will open new AI-related fields for the memory maker, naming personal AI and physical AI as targeted areas of expansion. The company also said the partnership would help ensure a stable supply of memory chips, a meaningful point given the long development cycles associated with advanced memory semiconductors.

SK Telecom, a sister company of SK Hynix, announced plans to construct a gigawatt-scale AI cloud in South Korea using Nvidia technology, and said the first AI data centre is scheduled to come online in 2027.

Separately, Nvidia said it will cooperate with South Korean internet group Naver and industrial conglomerate Doosan. Both companies will use Nvidia technology to build AI data centres.

Doosan, which has activities in robotics and manufactures materials used in Nvidia's most powerful Blackwell chips, said it expects its energy solution to be integrated into Nvidia's data centre platforms. Doosan added it will employ Nvidia's physical AI technology in its projects as well.

The announcements underscore South Korea's role as a major manufacturing centre in Asia, with strengths in chips, electronics, automobiles and shipbuilding. The country is home to SK Hynix and Samsung Electronics, which the companies say are the world's two largest makers of memory chips, components that are integral to data centre operations.


Additional note included in the original release: "See the trade on NVDA, but can't pull the trigger? Most traders can read a chart. The hard part is the moment: entry window open, pattern forming, and you're still waiting for more confirmation. That's the conviction gap - and our chart analysis closes it. Unlike other AIs that just read data, our Vision AI literally 'sees' your charts and hands you a complete trading plan: entry, stop-loss, and profit target in under 60 seconds. Know exactly what to do next, every time. Try Chart Analysis for NVDA."

Risks

  • Deal values were not disclosed, leaving financial exposure and scale of commitments unclear - this affects investor assessment for the technology and semiconductor sectors.
  • Advanced memory semiconductors have long development cycles; maintaining a stable chip supply may be challenging during those extended timelines, which could impact data centre build schedules and the semiconductor supply chain.
  • The announcements rely on future project timelines, such as a 2027 target for SK Telecom's first AI data centre, introducing execution risk for infrastructure, energy integration and deployment in the data centre and power sectors.

More from Stock Markets

Indian Firms Trim Packs and Raise Prices as Middle East Conflict Amplifies Cost Pressures Jun 7, 2026 SpaceX IPO Spurs Surge in UK Retail Demand — But Warnings for Unsophisticated Investors Remain Jun 7, 2026 Curefoods Pauses IPO Drive Citing Valuation Headwinds and Weak Institutional Demand Jun 7, 2026 Hollywood Workers Mobilize Against Paramount-Skydance Bid for Warner Bros. Discovery Jun 7, 2026 Bouygues-Led Consortium Signs Agreement to Acquire SFR from Altice France for €20.35 Billion Jun 7, 2026