Can Jensen’s SK Hijinx Save Seoul’s Crashing Stock Market?

Jeremy PhillipsMon, June 8, 2026 at 1:29 AM UTC

0

NVIDIA Blog / PressQuick Read -

NVDA and SK hynix signed a multiyear deal to build memory for Vera Rubin supercomputers, with prediction markets giving 72% odds NVDA closes higher Monday.

Jensen Huang's Seoul roadshow secured AI data center deals with Naver and Doosan, plus a gigawatt-scale SK Telecom cloud launching in 2027.

It sounds nuts, but SoFi is giving new active invest users up to $1,000 in stock for a limited time, and all it takes is a $50 deposit to get started. See for yourself (Sponsor)

Jensen Huang turned a weekend in Seoul into a sovereign AI roadshow, and the headline act dropped Sunday night: NVIDIA (NASDAQ:NVDA) and SK hynix unveiled a multiyear technology partnership to advance next-generation memory for the global AI factory buildout.

Korean equities have been wobbling under a global chip selloff, and Jensen just handed Seoul a reason to breathe, despite their market hitting a 5% downward circuit breaker.

SK hynix will codevelop memory for NVIDIA Vera Rubin AI supercomputers, Vera CPUs, RTX Spark PCs, and Jetson Thor robotic platforms. Reuters confirmed parallel deals: Naver and Doosan will build AI data centers, and SK Telecom will stand up a gigawatt-scale AI cloud with its first facility online in 2027. No deal values were disclosed. Jensen also ate fried chicken with Korea's corporate bosses and threw a baseball pitch for good measure.

Prediction markets give NVDA a 72% probability of closing higher on June 8 and an 82.5% probability of holding above $190 this week. Reddit sentiment flipped to bullish at 72 on the news, even with Michael Burry's "Fugazi" chatter still circulating. NVDA is up 10% year to date after a 6% drop on June 5.

Advertisement

SoFi Active Invest is offering a limited-time promotion. Open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts. See for yourself by clicking here now.

I have owned NVIDIA for over 15 years, and Huang's playbook keeps repeating: lock in supply, lock in sovereign partners, lock in the next decade of compute. Watch HBM pricing, Samsung's response, and whether KOSPI tech catches a bid Monday. If you believe the AI factory thesis, sovereign deals like this are the connective tissue. If you do not, the Burry crowd has receipts too. Jensen's Seoul hijinx will not reverse a sector-wide selloff by themselves, but they just gave Korean tech a warm hug on a cold day.

Want Up To $1,000? SoFi Is Giving New Active Invest Users Free Stock

Looking to grow your money but unsure where to begin? SoFi Active Invest is offering a limited-time promotion—open an account, fund it with $50 or more, and you could receive up to $1,000 in complimentary stock for Active Invest accounts.

From $0 commission trading to fractional shares and automated investing, this app is designed to simplify investing for everyone, whether you're just starting or already experienced. Its easy to sign up and secure your bonus.

Original Article on Source

Source: “AOL Money”