According to AAStocks, NVIDIA CEO Jensen Huang, during his visit to Seoul, South Korea on June 8, stated that stocks related to AI are currently priced very low, and shareholders should be pleased, as there may be even greater upside potential in the future. Huang emphasized that demand for AI will continue to grow and that AI has already become a fundamental global infrastructure. Meanwhile, NVIDIA has entered into a multi-year agreement with SK Hynix, under which NVIDIA chips will be manufactured at SK Hynix’s wafer fabs for use in SK Telecom’s AI business. NVIDIA currently purchases billions of dollars’ worth of products annually from SK Hynix, with expected significant growth in procurement volumes in the future.
NVIDIA's Huang Affirms AI Stocks Are 'Very Cheap' Amid SK Hynix Partnership
TechFlowShare
Summary
NVIDIA CEO Jensen Huang said AI-related stocks are "very cheap" during a visit to Seoul on June 8, highlighting their strong growth potential. He emphasized AI’s role as global infrastructure. NVIDIA announced a partnership with SK Hynix, under which SK Hynix will produce NVIDIA chips for SK Telecom’s AI business. The companies already conduct billions in annual trade, with more expected. This move comes amid growing interest in AI and crypto news surrounding semiconductor and infrastructure deals.
Source:Show original
Disclaimer: The information on this page may have been obtained from third parties and does not necessarily reflect the views or opinions of KuCoin. This content is provided for general informational purposes only, without any representation or warranty of any kind, nor shall it be construed as financial or investment advice. KuCoin shall not be liable for any errors or omissions, or for any outcomes resulting from the use of this information.
Investments in digital assets can be risky. Please carefully evaluate the risks of a product and your risk tolerance based on your own financial circumstances. For more information, please refer to our Terms of Use and Risk Disclosure.