Movement Alert｜SK Telecom Rises 6.17% in Pre-Market Trading, NVIDIA and SK Hynix Officially Announce Multi-Year AI Cooperation Agreement

Market Focus06-08

On June 8, SK Telecom rose 6.17% in pre-market trading, trading at $39.71/share, with trading volume of approximately $290,000.

On the news front, NVIDIA and SK Hynix formally announced a multi-year technology partnership agreement focused on joint development of next-generation memory for global AI factory construction. The collaboration covers NVIDIA's Vera Rubin AI supercomputer, Vera CPU, RTX Spark PC, and Jetson Thor robotics computing platform. As a sister company within the SK Group, SK Telecom will build a gigawatt-scale AI cloud in South Korea powered by NVIDIA technology, with the first AI center expected to go live in 2027, providing training, inference, and agentic workloads for Korean enterprises.

NVIDIA CEO Jensen Huang stated that AI factories are the engines of the next industrial revolution and that advanced memory technology is critical to their performance. SK Group Chairman Chey Tae-won noted that memory supply bottlenecks are expected to persist through 2030. The formal agreement solidifies earlier discussions between the two executives held in Taipei on June 2 and elevates SK Telecom's strategic positioning in the rapidly expanding AI infrastructure ecosystem.

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