Jensen Huang, Nvidia chief executive officer (CEO), picked SK hynix as a "major supply" (core supplier).
Chey Tae-won, SK Group chairman, met with reporters at SK AI Summit 2025 at COEX in Seoul and said, "Anyway, our goal is to supply chips properly and on time to meet customer needs," and stated accordingly.
Huang, the CEO, mentioned SK hynix as an important supplier at the Asia-Pacific Economic Cooperation (APEC) CEO Summit in Gyeongju on the 31st and in a separate press briefing. In Gyeongju, Huang met with Chairman Chey and even presented Nvidia's personal AI supercomputer DGX Spark, which bore the phrase "TO OUR PARTNERSHIP AND FUTURE OF THE WORLD!" and his handwritten signature.
SK hynix is leading the HBM market by preemptively supplying most of the HBM3E (5th-generation HBM) 8‑high and 12 volumes to Nvidia. It is known that in the fourth quarter it plans to be the first among memory semiconductor corporations to ship HBM4 (6th-generation HBM) 12‑high.
Through its third-quarter earnings conference call, SK hynix said that for major clients, including Nvidia, next year's HBM, DRAM, and NAND flash memory are all in a "sold out" state. Next year's supply volume is said to include not only HBM3E (5th generation) but also HBM4. HBM4 will be mounted on Nvidia's next-generation graphics processing unit (GPU), Rubin.
Asked about SK Group's market capitalization target, Chairman Chey said, "I don't know exactly, but I hope it will go up a bit more," and added, "Depending on how rapidly people advance AI and how much resources are投入, a completely different situation could emerge."
On this day, SK hynix's share price at one point broke 620,000 won intraday, with its market cap hitting 450 trillion won. SK Group's market cap also came in at 568 trillion won that day. On Oct. 10, SK hynix achieved a market cap of 300 trillion won for the first time ever.
In addition, regarding Nvidia's news last week at APEC in Gyeongju that it would supply 260,000 graphics processing units (GPUs) to the government and domestic corporations, Chairman Chey assessed it as "timely." He then said, "Excluding the United States and China, I don't think we are late," but added, "What worries me is that securing data centers and GPUs is not the end; the question is what we will do by using them."
In addition, regarding CEO Seminar, one of SK Group's annual events to be held from the 6th to the 8th, Chairman Chey said, "It will be a venue to discuss SK's strategy for next year, and AI will certainly be on the agenda."