Computer chip manufacturer Nvidia and South Korea’s SK technology group are preparing to unveil a collaborative partnership agreement on Monday, while Nvidia’s chief executive warns that current memory chip shortages will continue for an extended period.
A representative from SK Hynix confirmed that group chairman Chey Tae-won and Nvidia CEO Jensen Huang are scheduled to present details about their partnership plan to media outlets Monday morning, validating an earlier Newsis report.
Huang confirmed separately that Nvidia may make joint 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 stated to media representatives, declining to provide additional specifics.
The Nvidia executive also indicated he expects memory shortages to continue indefinitely.
“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.”
The meeting between Huang and SK leadership, including Chey and SK Hynix CEO Kwak Noh-jung along with additional SK management, took place over a traditional Korean meal of fried chicken and beer called “chimaek” at Seoul’s Kkanbu Chicken restaurant.
