NVIDIA and SK hynix have announced a multiyear technology partnership aimed at developing next-generation memory to support the global buildout of AI factories. This collaboration is set to enhance memory supply aligned with NVIDIA's AI infrastructure roadmap and boost the advancement of semiconductor design and manufacturing by incorporating AI technologies. The partnership seeks to accelerate the deployment of AI infrastructure by addressing the extended development cycles and capital investments necessary for AI factories. Additionally, SK hynix plans to diversify into new markets facilitated by NVIDIA, involving personal and physical AI, by co-developing various AI computing platforms and embracing AI in semiconductor design automation.

• SK hynix (KOSE:A000660) last closed at ₩1,943,000 down 6.1%.
• NVIDIA (NasdaqGS:NVDA) last closed at $205.10 down 6.2%.

In other market news, Shanghai Iluvatar CoreX Semiconductor (SEHK:9903) was trading firmly up 12.7% and closing at HK$462.00. Meanwhile, Marvell Technology (NasdaqGS:MRVL) lagged, down 16.7% to close at $263.47.

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• Broadcom (NasdaqGS:AVGO) settled at $385.73 down 7.9%.
• Advanced Micro Devices (NasdaqGS:AMD) closed at $466.38 down 10.9%.
• Micron Technology (NasdaqGS:MU) finished trading at $864.01 down 13.3%.

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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.

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