Movement Alert｜SK Telecom Rises 5.1% in Regular Trading, NVIDIA and SK Group Announce Multi-Year AI Partnership

Market Focus06-08

On June 8, SK Telecom rose 5.1% in regular trading, trading at $39.425/share, with trading volume of $22.16 million.

On the news front, NVIDIA and SK Hynix formally announced a multi-year technology collaboration agreement focused on co-developing next-generation memory solutions for global AI factory construction. The partnership covers the Vera Rubin AI supercomputer, Vera CPU, RTX Spark PC, and Jetson Thor robotics computing platforms.

As a sister company within the SK Group, SK Telecom announced plans to build AI data centers based on NVIDIA's DSX platform, with the goal of scaling AI cloud services to gigawatt-level capacity. The first AI center is planned to commence operations in Korea in 2027, providing training, inference, and agent workloads for Korean enterprises. The collaboration positions SK Telecom as a key infrastructure provider in the rapidly expanding AI computing ecosystem, extending its business beyond traditional wireless telecommunications into high-growth AI cloud services.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

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