SK Group and NVIDIA Discuss AI Collaboration

SK Group Chairman Chey Tae-won met with NVIDIA CEO Jensen Huang at CES 2025 to discuss collaborations in artificial intelligence, particularly the integration of AI into physical domains. Both leaders emphasized the rapid development of SK Hynix's high-bandwidth memory (HBM) chips, which are essential for NVIDIA's AI accelerators, and noted that SK Hynix's development speed has recently surpassed NVIDIA's demands. This partnership is seen as crucial in light of the increasing demand for NVIDIA's chips, which are considered the standard for training AI algorithms. Huang highlighted that extending AI into physical applications could revolutionize industries valued at approximately $50 trillion. The meeting signifies a strategic focus for SK Group on becoming a technology-driven business, especially in AI data centers. SK Hynix's shares surged following the announcement, reflecting strong market confidence in their advancements.