◆ NeutralSKMNVDA

NVIDIA, SK Telecom Team Up To Build Korea's AI Powerhouse

Benzinga·
NVIDIA, SK Telecom Team Up To Build Korea's AI Powerhouse

SK Telecom stock rose 3.87% in premarket trading on Monday following an announcement that NVIDIA and SK Telecom will build a gigawatt-scale AI cloud in South Korea using NVIDIA's DSX platform, with operations expected to begin in 2027. The partnership includes joint research on next-generation AI factory architectures and SK Telecom joining NVIDIA's Cloud Partner program. Technically, SKM remains in an uptrend above its key moving averages with support near $36 and resistance at $40.

Read Full Article at Benzinga
← Back to Financial Intelligence