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Nvidia, SK to detail cooperation plan as Huang flags prolonged chip shortage 
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Nvidia, SK to detail cooperation plan as Huang flags prolonged chip shortage 
Jun 7, 2026 5:11 AM

SEOUL, June 7 (Reuters) - Nvidia ( NVDA ) and South Korea's

SK are expected to announce a plan for cooperation between the

two companies on Monday, with the boss of the U.S. chipmaker

saying that the ongoing memory shortage would persist for "quite

a few years".

A spokesperson for SK Hynix said group chairman

Chey Tae-won and Nvidia ( NVDA ) CEO Jensen Huang plan to brief media

about the plan on Monday morning, confirming a report by

Newsis.

Huang separately said that Nvidia ( NVDA ) could make announcements

with SK on Monday.

"We're working across many industries from AI supercomputers

to CPUs to new PCs and robotics. So we are here to plan and

maybe tomorrow we have some announcements," he told reporters,

without elaborating further.

He also said that he did not see an end to memory

shortages.

"The whole industry supply chain - everything from wafers to

packaging to silicon photonics...everything's in short supply

because the demand is so high. It is going to persist for

several years."

Huang was meeting with Chey, SK Hynix CEO Kwak ​Noh-jung and

other SK executives over fried chicken and beer known as

"chimaek" at Seoul restaurant Kkanbu Chicken.

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