SK Hynix Locks In Nvidia’s Vera Rubin Pact Even as Chip Selloff Deepens
Veröffentlicht: 08.06.2026 um 08:43 Uhr, Redaktion boerse-global.de
Just days after inking the most ambitious technology partnership in its corporate history, SK Hynix saw its shares punished by a broader market rout that overshadowed what analysts are calling a generational opportunity. The Korean memory giant’s stock tumbled 4.83% on Monday to close at 1,970,000 Won, recovering from an intraday loss of 10% that briefly triggered a circuit breaker on the KOSPI index. The index itself sank over 8% in a single session.
The selloff erased roughly 15% from the 52-week high of 2,407,000 Won set on June 2, and leaves the shares 18% below that peak. Even after Monday’s drubbing, SK Hynix has still surged 191% since the start of the year — one of the strongest large-cap performances globally.
A Partnership That Rewrites the Playbook
The deal, sealed in early June, goes far beyond a traditional supply agreement. SK Hynix has been designated Nvidia’s primary memory co-developer for the Vera Rubin supercomputer platform, the upcoming Vera CPUs, RTX Spark PCs, and the Jetson Thor robotics chip. Nvidia chief Jensen Huang confirmed the Korean firm remains its largest memory partner and that annual purchase volumes will increase substantially.
Technically, the pact embeds Nvidia’s software stack directly into SK Hynix’s production process. The chipmaker will deploy CUDA-X libraries and the Omniverse platform to create digital twins of its fabrication plants, aiming to shorten development cycles for high-bandwidth memory. PhysicNeMo and cuOpt are also being integrated to automate chip design and accelerate TCAD workflows, opening the door for three-way collaborations among chipmakers, Nvidia, and EDA vendors.
Should investors sell immediately? Or is it worth buying SK Hynix?
The Vera Rubin NVL72 rack alone will require 20.7 terabytes of HBM4 memory per unit, offering aggregate bandwidth of 1.6 petabytes per second — a 2.7x improvement over the current HBM3E generation. Morgan Stanley estimates that the memory cost share in such a rack is 435% higher than in the prior generation. According to industry sources, SK Hynix has secured 60% to 70% of the HBM4 allocation for Vera Rubin, giving it a commanding early lead.
Financial Momentum and Analyst Conviction
Despite the market’s nervousness, analysts remain bullish. NH Investment & Securities raised its price target on Monday to 3.2 million Won, citing the explosion in agentic AI demand that is driving memory prices higher. The brokerage expects second-quarter revenue of 83 trillion Won and an operating profit of nearly 66 trillion Won — a staggering 614% jump year-over-year.
The first quarter already delivered a glimpse of that momentum. SK Hynix reported revenue of 52.58 trillion Won for the three months through March 2026, up 198% from a year earlier, while operating profit surged 405% to 37.61 trillion Won. Huang, aware of the market turmoil, called the current pullback a buying opportunity and reiterated that the AI infrastructure megatrend will last at least a decade.
Massive CapEx and a Race Against Time
CEO Chey Tae-won has announced plans to double wafer production capacity within five years, supported by major projects in Cheongju, Yongin, and an advanced packaging facility in the United States. Capital expenditure will comfortably exceed last year’s 30.2 trillion Won, though management has not given a precise figure.
The technology roadmap is equally aggressive. SK Hynix expects to begin mass production of HBM4 in the third quarter of 2026, optimized for Nvidia’s Vera Rubin platform. Samples of the HBM4E seventh-generation upgrade are slated for the second half of this year, with volume production targeted for 2027.
SK Hynix at a turning point? This analysis reveals what investors need to know now.
Yet the path is not without obstacles. Samsung Electronics is racing to qualify its own HBM4 for Nvidia’s supply chain, with a decision widely expected in the fourth quarter of 2026. If Samsung’s ramp-up goes smoothly, the premium valuation SK Hynix now enjoys could compress. If delays persist, SK Hynix’s dominance in HBM for Vera Rubin will only widen.
For now, investors are left with a paradox: the company has locked in the most consequential AI memory deal of the decade, but the macro backdrop has turned the near-term journey into a bumpy ride. Analysts are betting that, as Huang said, the fundamental strength will eventually reassert itself.
Ad
SK Hynix Stock: New Analysis - 8 June
Fresh SK Hynix information released. What's the impact for investors? Our latest independent report examines recent figures and market trends.
Disclaimer zu unseren Artikeln: Keine Anlageberatung, keine Kauf oder Verkaufsempfehlung. Angaben zu Kursen, Unternehmen und Märkten ohne Gewähr; Änderungen jederzeit möglich. Börsengeschäfte können zu hohen Verlusten führen. Unsere Beiträge werden ganz oder teilweise automatisiert mit Unterstützung von AI erstellt und geprüft.
