Nvidia and SK Group to announce cooperation plan

Nvidia and SK Group will announce a cooperation plan on Monday. CEO Jensen Huang warned that the global memory shortage will likely persist for several years.

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NVIDIA CORP and SK HYNIX INC will announce a formal cooperation plan on Monday morning to address surging global semiconductor demand. The partnership follows a warning from NVIDIA CORP that memory shortages across the production chain will persist for several years. The agreement aims to stabilize the supply of critical components required for AI supercomputers, CPUs, and robotics.

Supply Shortages to Persist for Years

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