Jensen Huang said: "AI stocks are super cheap... SK Hynix's semiconductor procurement is set to ramp up significantly".
The CEO, Jensen Huang, stated: "With the surging demand for AI, relying solely on GPUs won't cut it." He added: "We're teaming up to scale NVIDIA chips in Hynix's fabs to supply the telecom sector."
Regarding the specifics of the partnership, he explained: "This is a multi-year contract," and added, "The contract runs for over two years, with a potential for renewal down the line."
He also mentioned, "NVIDIA sources billions worth of products from SK Hynix (000660) annually, and we expect that scale to grow significantly in the future."
$AVGO $CRWV $RKLB
The CEO, Jensen Huang, stated: "With the surging demand for AI, relying solely on GPUs won't cut it." He added: "We're teaming up to scale NVIDIA chips in Hynix's fabs to supply the telecom sector."
Regarding the specifics of the partnership, he explained: "This is a multi-year contract," and added, "The contract runs for over two years, with a potential for renewal down the line."
He also mentioned, "NVIDIA sources billions worth of products from SK Hynix (000660) annually, and we expect that scale to grow significantly in the future."
$AVGO $CRWV $RKLB