Nvidia CEO Jensen Huang called the Nasdaq listing of SK hynix(000660)'s American depositary receipts (ADR) "incredibly successful."
On the 15th, Huang attended an event in Akihabara, Tokyo, marking the 30th anniversary of the partnership between Nvidia and the Japanese game company SEGA, and said this, adding he was "very pleased."
SK hynix supplies Nvidia with high-performance HBM (High Bandwidth Memory (HBM)), a core component of artificial intelligence (AI) chips. The inflow of investment from the ADR Nasdaq listing could also have a positive impact on the expansion of Nvidia's AI ecosystem.
Huang also said that on the 16th he plans to announce a large-scale AI partnership with the Japanese government. He will announce multifaceted cooperation with major Japanese companies in artificial intelligence (AI) and Robotics.
Given that the cabinet of Sanae Takaichi has recently been working to broaden the base of AI, the move appears intended to strengthen AI cooperation with Japan's cabinet and major corporations.
Previously, while Huang visited Korea and Taiwan in succession, he showed no particular activity in Japan, sparking controversy over being "passed over."