09/06/26, Operating Margin

 OPM% almost always refers to Operating Profit Margin, a core financial metric that indicates how much profit a company makes from its core operations before interest and taxes are deducted. It is calculated by dividing operating profit by revenue and multiplying by 100%. 

Financial Metric (Operating Profit Margin)

In the share market and corporate finance, a high OPM% indicates that a business is highly efficient at managing its day-to-day expenses, such as production, labor, and raw materials. 

Formula: \(\text{OPM\%} = \left( \frac{\text{Operating Profit}}{\text{Revenue}} \right) \times 100\)

09/06/26, PreMarket REPORT

Benchmark indices Sensex and Nifty are likely to open lower on Tuesday, with GIFT Nifty indicating a subdued start as investors remain cautious despite a rebound in Asian markets. Concerns linger over Middle East tensions, elevated crude oil prices and persistent foreign fund outflows.

GIFT Nifty was trading at 23,133 in early trade, down 45 points or 0.19 percent, indicating that the Nifty 50 could open below Monday's close of 23,123.

The weak indication comes after Indian equities extended their losses for a second straight session on Monday. The Sensex fell 719 points, while the Nifty shed 244 points as escalating tensions in West Asia, higher crude oil prices, weak global cues and continued FII selling weighed on sentiment.

However, global markets showed signs of stabilisation after Monday's sharp selloff. Asian equities rebounded on Tuesday as investors welcomed a temporary halt in hostilities between Israel and Iran and returned to beaten-down semiconductor stocks. MSCI's Asia-Pacific index outside Japan rose 0.9 percent, South Korea's KOSPI climbed 3 percent after Monday's 8 percent-plus plunge, while Japan's Nikkei edged up 0.3 percent.

Wall Street ended mostly higher overnight, with technology shares leading gains. The Nasdaq rose 0.86 percent and the S&P 500 gained 0.3 percent as investors bought semiconductor stocks after Friday's sharp correction. The Dow Jones slipped 0.16 percent. Markets also drew some comfort after Iran and Israel announced a temporary halt to attacks following an appeal from U.S. President Donald Trump.

Crude oil prices eased from overnight highs after the pause in hostilities. Brent crude was trading around $94 per barrel, while WTI crude hovered near $91 per barrel. Oil had surged as much as 5 percent on Monday before retreating after Iran announced the end of military operations against Israel.

Ponmudi R, CEO of Enrich Money, said Indian markets are likely to remain volatile with a cautious bias as the ceasefire between Israel and Iran has reduced immediate escalation risks but there is still no clarity on the broader U.S.-Iran diplomatic process.

He said crude oil prices remain elevated despite recent moderation, keeping concerns over inflation and import costs alive. Persistent foreign institutional selling also continues to cap upside potential for domestic equities, even as strong domestic institutional flows provide support.

Foreign institutional investors remained net sellers on June 8, offloading shares worth Rs 5,555 crore. Domestic institutional investors purchased equities worth Rs 5,165 crore, helping absorb much of the foreign selling pressure.

On the technical front, Ponmudi said the Nifty faces immediate resistance in the 23,250-23,300 zone, while the 23,000 level remains a critical support area. A sustained move above resistance could push the index towards 23,450-23,550, while a break below 23,000 could trigger further downside towards 22,800.

For Bank Nifty, resistance is seen in the 54,400-54,500 zone, while immediate support is placed between 54,000 and 53,800.

Source: Network18 

09/06/26, Tata Sons

Trustees of key Tata Trusts, including Sir Dorabji Tata Trust (SDTT) and Tata Education and Development Trust, met on Monday.

Sir Ratan Tata Trust (SRTT) did not hold a meeting as the trust continues to be subject to proceedings before the Maharashtra Charity Commissioner arising from complaints relating to the number of lifetime trustees.

A key contentious issue, trustee Venu Srinivasan's continuation as a nominee director on the Tata Sons board, was not discussed in Monday's meetings, people familiar with the matter said.

According to sources, the issue did not come up because SRTT, of which Srinivasan is also a trustee, did not meet.

The matter has assumed significance because Tata Trusts' nominees on the Tata Sons board are central to the holding company's governance structure. All key decisions must be approved by a majority of directors nominated by the Tata Trusts on the Tata Sons board.

Currently, Tata Trusts Chairman Noel Tata and Srinivasan represent the Tata Trusts on the Tata Sons board.

Moneycontrol had reported earlier that Tata was in favour of replacing Srinivasan with Bhaskar Beat, the former Managing Director of Titan, and a trustee of SDTT on the Tata Sons board.

Legal Maneuvering

But this has seemingly been stymied by the legal imbroglio surrounding SRTT. One of the complainants to the Charity Commission, alleging that SRTT's board should have 1 lifetime trustee instead of the current 3, is Srinivasan himself.

SDTT and SRTT are referred to as the major Tata Trusts and own a majority of Tata Sons.

Monday's meetings also come at a time when differences within sections of the trusts have sharpened over key governance issues, including the possible listing of Tata Sons and whether Tata Sons Chairman N Chandrasekaran would get a third term. While Tata Trusts chairman Noel Tata is opposed to listing the Tata Group's holding company, Srinivasan and another trustee, for bureaucrat Vijay Singh, have supported listing.

Share Transfer Allegations

The meetings were held days after Tata Trusts publicly rejected allegations made in a fresh complaint to the Maharashtra Charity Commissioner regarding the transfer of 833 Tata Sons shares to the late Naval Tata from the Navajbai Ratan Tata Trust in 1989.

The Trusts described the allegations as baseless, malicious and an attempt to damage the reputation of the institution and the Tata family. Naval Tata is the father of the late Ratan Tata, Jimmy Tata and Noel Tata.

Emails sent to Tata Sons and Tata Trusts seeking comment did not elicit any response till press time.

June 12 meeting

The meeting assumes significance because it comes just four days before the Tata Sons board meeting, where issues including Tata Sons Chairman N Chandrasekaran's possible third term, the listing of Tata Sons, and strategic calls, notably the future direction of long-gestation businesses such as Tata Digital, are expected to be discussed.

We had earlier reported that trustees would review businesses such as , Air India,  Tata Digital and Tata Elections.all of which continue to require substantial capital commitments despite remaining in investment mode.

Moneycontrol had also reported that Tata Trusts Chairman Noel Tata would share his observations following discussions at the 7Tats Sons board meeting on May 26 where executives from group companies had briefed directors on their businesses.

 At the board meeting held on may26 directors discussed the performance, investment requirements and profitability timelines of Air India, Tata Digital and Tata Electronics.

Air India remains the largest loss-making unlisted company within the Tata Group and is expected to require significant investments over the coming years towards fleet expansion, network growth, integration and operational turnaround.

Tata Electronics, meanwhile, is central to the group's semiconductor and electronics manufacturing ambitions and requires substantial upfront investments before generating meaningful returns.

Tata Digital, which houses businesses such as Tata Neu, BigBasket, Tata Cliq and Tata 1mg, continues to operate in highly competitive markets dominated by well-funded rivals.

Report by Deborshi Chalk,  Netwirk18

09/06/26, TradeSetup for 9/6/26

The Nifty 50 started the week on a negative note, falling 1 percent to close at a two-month low and extending its downtrend for another session on June 8. Bearish sentiment strengthened further, with the index closing below the lower Bollinger Band and all key moving averages trending downward, while momentum indicators also weakened. According to experts, the Nifty 50 is expected to remain range-bound, with the 23,000 level acting as immediate key support. A fall below this level could drag the index towards 22,700. On the upside, 23,300 is likely to serve as the immediate resistance, and a convincing move above it could open the door to the 23,500-23,600 zone.

1) Key Levels For The Nifty50 (23,123)

Resistance based on pivot points: 23,229, 23,275, and 23,351

Support based on pivot points: 23,078, 23,032, and 22,956

Special Formation: The Nifty 50 formed a small-bodied bullish candle with a long upper shadow on the daily timeframe after a gap-down opening, indicating pressure at higher levels. The index remained well below all key moving averages, which continued to trend downward, while it hovered near the lower end of the bullish gap formed on April 8. The RSI dropped below the 40 mark to 35.77, while the MACD remained below the signal line, accompanied by a further expansion in the red histogram bars. All these factors indicate that bearish momentum remains intact and the market continues to face selling pressure at higher levels.

2) Key Levels For The NiftyBank (54,064)

Resistance based on pivot points: 54,355, 54,499, and 54,733

Support based on pivot points: 53,887, 53,743, and 53,509

Resistance based on Fibonacci retracement: 54,423, 55,809

Support based on Fibonacci retracement: 53,687, 52,798

Special Formation: The Nifty Bank snapped its four-day winning streak and closed 0.8 percent lower on Monday, forming a bullish candle with a long upper wick on the daily timeframe, signalling pressure at higher levels. The index slipped below its short-term moving averages and the 38.2 percent Fibonacci retracement level of the correction from the February high to the April low. The RSI stood at 46.6 and is on the verge of a negative crossover, while the MACD remained above the reference line despite fading green histogram bars. All these factors indicate that bullish momentum is weakening and profit-booking pressure may persist in the near term.

3) Nifty CallOptions Data:

According to the weekly options data, the 23,500 strike holds the maximum Call open interest (with 1.44 crore contracts). This level can act as a key resistance level for the Nifty in the short term. It was followed by the 23,700 strike (1.06 crore contracts) and 23,300 strike (97.56 lakh contracts).

Maximum Call writing was observed at the 23,200 strike, which saw an addition of 72.79 lakh contracts, followed by the 23,300 and 23,250 strikes, which added 52.91 lakh and 52.37 lakh contracts, respectively. The maximum Call unwinding was seen at the 23,850 strike, which shed 2.67 lakh contracts, followed by the 22,500 and 23,900 strikes, which shed 97,760 and 75,010 contracts, respectively.

4) Nifty PutOptions Data:

On the Put side, the maximum Put open interest was seen at the 22,500 strike (with 1.01 crore contracts), which can act as a key support level for the Nifty in the short term. It was followed by the 23,000 strike (99.27 lakh contracts) and the 23,100 strike (67.59 lakh contracts).

The maximum Put writing was placed at the 23,100 strike, which saw an addition of 29.73 lakh contracts, followed by the 22,800 and 22,950 strikes, which added 17.82 lakh and 17.24 lakh contracts, respectively. The maximum Put unwinding was seen at the 23,300 strike, which shed 38.85 lakh contracts, followed by the 23,400 and 23,350 strikes, which shed 34.97 lakh and 20.73 lakh contracts, respectively.

5) NiftyBank CallOptions Data:

According to the monthly options data, the 54,000 strike holds the maximum Call open interest, with 11.34 lakh contracts. This can act as a key level for the index in the short term. It was followed by the 55,000 strike (10.4 lakh contracts) and the 55,500 strike (6.87 lakh contracts).

Maximum Call writing was observed at the 54,500 strike (with the addition of 85,110 contracts), followed by the 54,300 strike (66,990 contracts) and 54,200 strike (65,070 contracts). The maximum Call unwinding was seen at the 55,500 strike, which shed 18,030 contracts, followed by the 55,300 and 55,400 strikes, which shed 5,820 and 4,260 contracts, respectively.

6) NiftyBank PutOptions Data: 

On the Put side, the maximum Put open interest was seen at the 54,000 strike (with 12.46 lakh contracts), which can act as a key support level for the index in the short term. This was followed by the 53,000 strike (6.69 lakh contracts) and the 55,000 strike (6.62 lakh contracts).

The maximum Put writing was placed at the 55,200 strike (which added 40,080 contracts), followed by the 54,200 strike (35,010 contracts) and 54,300 strike (23,640 contracts). The maximum Put unwinding was seen at the 54,000 strike, which shed 19,500 contracts, followed by the 55,000 and 53,400 strikes, which shed 8,250 and 7,710 contracts, respectively.

8) Put-Call Ratio:

The Nifty Put-Call ratio (PCR), which indicates the mood of the market, slipped to 0.78 on June 8, from 0.83 compared to previous session.

The increasing PCR, or being higher than 0.7 or surpassing 1, means traders are selling more Put options than Call options, which generally indicates the firming up of a bullish sentiment in the market. If the ratio falls below 0.7 or moves towards 0.5, then it indicates selling in Calls is higher than selling in Puts, reflecting a bearish mood in the market.

9) India VIX:

India VIX, the fear gauge, spiked 7.85 percent to 17.03, signalling discomfort among bulls. Any decisive move above the 18 level could trigger heightened caution in the market and lead to increased volatility.

Report by Sunil Shankar Matkar

Source:Network18

08/06/26, imposing a $ 10,000 fee on H-1B visa applications

A federal judge has struck down US President Donald Trump's order imposing a $ 10,000 fee on H-1B visa applications, delivering relief to US technology companies that depend on skilled foreign workers.

In a ruling issued on Monday, US District Judge Leo T. Sorokin in Massachusetts said the president's move to sharply increase the cost of the widely used visa amounted to an unlawful tax and must be vacated.

"The president's decree dramatically increasing the cost of the popular visa is an unlawful tax and must be vacated," US District Judge Leo T. Sorokin said in the ruling.

The decision is a setback for the Trump administration's efforts to curb immigration and increase demand for American workers. The government is expected to appeal the ruling.

U.S. District Judge Leo Sorokin in Boston issued the ruling ‌in ⁠a lawsuit filed by 20 Democratic state attorneys general challenging a ⁠fee Trump announced in September that dramatically ⁠raised the cost of obtaining H-1B ⁠visas.

Source: Network18 

08/06/26, Technical Fall in Wipro

Wipro shares declined more than 11 percent over the last two trading sessions, with the stock coming under pressure after the record date for the company's Rs 15,000-crore share buyback programme.

The stock had fixed June 5 as the record date for the buyback. Wipro shares closed 2.91 percent lower on Friday and extended losses on Monday, ending 8.45 percent down at Rs 181.60 per share on the NSE.

According to market analysts, the sharp fall reflects a price adjustment following the buyback record date rather than any deterioration in the company's underlying business fundamentals.

Nishchal Jain, Quant Researcher at Share.Market by PhonePe, said the decline was largely driven by short-term investors exiting their positions after becoming eligible for the company's Rs 250 per share buyback offer.

"The recent 11 percent decline in Wipro over two consecutive trading sessions represents a structural price adjustment rather than a core fundamental breakdown. The stock shed its corporate action premium after the June 5 record date and moved from around Rs 204 to the Rs 183-184 zone," he said.

Jain said the stock has now entered an important support area between Rs 180 and Rs 184, which has historically attracted institutional buying interest. He added that any recovery could face resistance around Rs 195 initially, followed by a stronger hurdle in the Rs 200-205 range.

He further said broader factors such as movements in global bond yields and profit-booking across the Nifty IT index may have contributed to recent volatility. However, he noted that developments such as Wipro's expanded enterprise AI partnership with ServiceNow and its acquisition of an 80 per cent stake in Aggne Global support the company's longer-term growth outlook.

For investors, Jain said the recent correction has reduced risk levels for long-term positions, provided the stock sustains above the Rs 180 mark on a weekly closing basis.

Virat Jagad, Senior Technical Research Analyst at Bonanza, said Wipro  is currently trading near a key long-term support zone of Rs 176-180, which has historically acted as a strong demand area.

"The stock remains below its 20- and 50-month exponential moving averages, indicating a weak medium-term trend, while RSI is hovering near the lower range, reflecting subdued momentum," he said.

Jagad cautioned that a decisive break below Rs 176 could trigger fresh selling pressure and drag the stock towards Rs 160 and Rs 145 levels. On the upside, he said any rebound may face resistance in the Rs 205-210 range, followed by Rs 230.

He advised traders to closely track the Rs 176 support level, adding that a breach could lead to further downside pressure in the months ahead.

Overall, analysts said the stock is approaching a critical support zone, with its ability to hold above key levels likely to determine the near-term trend.

Source: Network18 

Disclaimer: The views and investment tips expressed by investment experts are their own and not of us. We advise readers and investors to check with certified experts before taking any investment decisions.

08/06/26,PostMarket REPORT

 Benchmark index Nifty50 slipped out of its four-session consolidation on June 8, declining 243 points to close at 23,123. After opening with a sharp gap-down of 286 points on the back of weak global cues, the index staged a strong early recovery of nearly 200 points from the day's low. However, momentum faded in the second half amid renewed Middle East tensions, with Nifty giving up most of its intraday gains to close at two-month low.

Analysts suggested trading levels for the benchmark index and said the bias is bearish.

"Technically, Nifty closed near the 61.8% retracement level (23,106) of the entire 2,200-point rally recorded in April 2026. The index continues to trade below all major moving averages, indicating a bearish bias across timeframes. Immediate resistance is placed at 23,300, while a break below 23,070 could intensify downside pressure toward the next support zone of 22,700–22,800," said Nandish Shah - Deputy Vice President, HDFC Securities.

Among sectors, almost all the major sectoral indices witnessed profit booking at higher levels, but the realty and metal indices lost the most, shedding over 2.75%.

"We are of the view that, as long as the market is trading below 23,250/73800, weak sentiment is likely to continue. On the downside, 22,950/73000 would be the immediate support zone. Further downside may also continue, which could drag the market to 22,800/72,500. On the flip side, above 23,250/73800, the pullback move could extend to 23,350–23,400/74,000-74,300. The intraday market texture is volatile and non-directional; hence, level-based trading would be the ideal strategy for day traders," said Shrikant Chouhan, Head Equity Research, Kotak Securities.

The index is trading below its critical moving averages, indicating a weak underlying trend, said analysts.

"The broader market structure remains weak, with the MACD maintaining a bearish crossover and the RSI trending lower. The index is also trading below its short- and long-term moving averages, indicating a negative bias. On the volatility front, India VIX surged 8% to close around 17. A sustained move above the 18 mark could further elevate market uncertainty and keep volatility high in the coming sessions," said Nilesh Jain, VP- Head of Technical and Derivative research at Centrum Finverse Ltd.

"A move above and sustained trading beyond 23,125 could trigger a meaningful recovery towards the 23,250–23,300 zone. On the downside, a breach below 23,070 may invalidate the pattern and drag Nifty below the 23,000 mark," said Rupak De, Senior Technical Analyst at LKP Securities.

Nifty slipped out of its four-session consolidation on June 8, declining 243 points to close at 23,123. After opening with a sharp gap-down of 286 points on the back of weak global cues, the index staged a strong early recovery of nearly 200 points from the day's low. However, momentum faded in the second half amid renewed Middle East tensions, with Nifty giving up most of its intraday gains to close at two-month low.

Analysts suggested trading levels for the benchmark index and said the bias is bearish.

"Technically, Nifty closed near the 61.8% retracement level (23,106) of the entire 2,200-point rally recorded in April 2026. The index continues to trade below all major moving averages, indicating a bearish bias across timeframes. Immediate resistance is placed at 23,300, while a break below 23,070 could intensify downside pressure toward the next support zone of 22,700–22,800," said Nandish Shah - Deputy Vice President, HDFC Securities.

Among sectors, almost all the major sectoral indices witnessed profit booking at higher levels, but the realty and metal indices lost the most, shedding over 2.75%.

"We are of the view that, as long as the market is trading below 23,250/73800, weak sentiment is likely to continue. On the downside, 22,950/73000 would be the immediate support zone. Further downside may also continue, which could drag the market to 22,800/72,500. On the flip side, above 23,250/73800, the pullback move could extend to 23,350–23,400/74,000-74,300. The intraday market texture is volatile and non-directional; hence, level-based trading would be the ideal strategy for day traders," said Shrikant Chouhan, Head Equity Research, Kotak Securities.

The index is trading below its critical moving averages, indicating a weak underlying trend, said analysts.

"The broader market structure remains weak, with the MACD maintaining a bearish crossover and the RSI trending lower. The index is also trading below its short- and long-term moving averages, indicating a negative bias. On the volatility front, India VIX surged 8% to close around 17. A sustained move above the 18 mark could further elevate market uncertainty and keep volatility high in the coming sessions," said Nilesh Jain, VP- Head of Technical and Derivative research at Centrum Finverse Ltd.

"A move above and sustained trading beyond 23,125 could trigger a meaningful recovery towards the 23,250–23,300 zone. On the downside, a breach below 23,070 may invalidate the pattern and drag Nifty below the 23,000 mark," said Rupak De, Senior Technical Analyst at LKP Securities.

"A breach below 23,000 will signal extension of the current decline towards 22,800 and 22,600 levels in the coming sessions. Index has immediate resistance at Monday's high of 23,267, a breach above the same will open upside towards the key resistance area of 23,500-23,550 levels," said Bajaj Broking Research.

Report by J. jagannath 

Source:Moneycontrol, Network18 

08/06/26, DATA PATTERNS Looking Bullish to hit formed Resistance levels

08/06/26, IT index crash

The Nifty IT index fell for a fourth consecutive session on Monday as a global selloff in technology and AI-linked shares triggered fresh profit-booking across the sector. The Nifty IT index dropped 1.8 percent to 28,500 in morning trade, taking its cumulative decline to 8.4 percent over four sessions.

The IT index had surged nearly 8 percent in the preceding three-session rally, driven by optimism around artificial intelligence spending and strong earnings from global software companies.

The latest correction comes amid a broader retreat from technology stocks globally after investors rushed to lock in gains in some of the market's biggest AI winners. The NIFTY IT index emerged as one of the worst-performing sectoral indices on Monday, even as the benchmark Nifty 50 fell 1 percent.

WIPRO was the biggest casualty among frontline technology stocks, plunging 5.5 percent to Rs 187.4 and emerging as the top loser on the Nifty 50 index. TCS fell 1.9 percent to Rs 2,156.7, while Infosys  declined 1.3 percent. HCL Technologies and Tech Mahindra also traded lower by about 1 percent each.

The weakness in Indian IT stocks mirrored a sharp selloff across global technology markets. Wall Street suffered a steep decline on Friday, with the Nasdaq falling 4.2 percent in its biggest one-day drop since April 2025. The Philadelphia Semiconductor Index recorded its worst single-day decline since March 2020, wiping out more than $1 trillion in market value.

Asian technology-heavy markets extended the selloff on Monday. South Korea's Kospi tumbled 5 percent, while Japan's Nikkei dropped nearly 4 percent. Taiwan's benchmark index fell almost 4 percent as investors exited chipmakers and other AI-linked stocks that had led global markets higher in recent months.

Two factors appear to have triggered the reversal. First, investors were disappointed by the outlook from semiconductor company Broadcom, prompting concerns that expectations surrounding AI-related spending may have become too optimistic. Second, a stronger-than-expected US jobs report raised fears that the Federal Reserve could maintain a hawkish stance for longer, reducing the appeal of richly valued technology stocks.

The selloff marks a sharp shift in sentiment after investors had recently rotated back into software stocks on hopes that AI was creating fresh demand opportunities rather than disrupting existing business models. Strong results and guidance from software companies such as Snowflake, ServiceNow and SAP had helped fuel a rebound in Indian IT shares over the past two weeks.

Report by Shaleen Agrawal 

Source: Money control, Network18 

08/06/26, Nvidia Corp and Hynix Inc

Nvidia Corp. and SK Hynix Inc. have agreed to partner on designing future generations of memory chips for AI, a win for a South Korean leader vying with Samsung Electronics Co. in a red-hot arena.

The two companies signed a multi-year agreement covering both chip design and manufacturing. Nvidia will help its partner diversify into new arenas, encompassing infrastructure and physical AI as well as memory for Vera Rubin, Nvidia's most powerful accelerator.

The broad tie-up gives SK Hynix a boost as it prepares to expand significantly into the next generation of high-bandwidth memory, known as HBM4. Nvidia Chief Executive Officer Jensen Huang confirmed for the first time last week it's cleared Samsung, SK Hynix and Micron Technology Inc. to supply that product, indispensable for top-end systems.

The trio, which dominates the global market for memory, compete fiercely for a slice of that lucrative business. Set for deliveries in the third quarter of this year, Vera Rubin is now in full production, Huang said during the Computex trade show in Taiwan. The new systems are built around clusters of Vera central processing units and Rubin graphics cores, allied with terabytes of HBM4 in each server system.

What Bloomberg Intelligence Says

SK Hynix is set to for a strong sales and profit jump on its deal to supply Nvidia with a full lineup of DRAM, high-bandwidth memory and solid-state drives. Nvidia's AI infrastructure technology partnership, announced on June 7, will strengthen SK Hynix's position as a long-term supplier of memory products across multiple AI platforms. Along with HBM for AI training GPUs, SK Hynix is likely to supply more generations of HBM for AI inference systems. Sales of DRAM for CPUs and SSDs used to store inference data are set to grow over the next few years. SK Hynix should remain a lead supplier for AI-oriented PC architecture like Nvidia RTX Spark. Long-term supply agreements make it easier for SK Hynix to expand capacity and gradually increase market share.

- Masahiro Wakasugi and Jake Silverman, analysts

SK Hynix's shares slid 10% on Monday, tracking a broader selloff in Asian tech. Stock in the company and its memory sector rivals have skyrocketed over the past year, driven north by surging chip prices. SK Hynix and its peers are racing to supply HBM to Nvidia, which is in turn scrambling to supply the accelerators that hyperscalers such as Meta Platforms Inc. need to train and operate AI services. Memory has emerged as “probably the toughest” bottleneck to resolve for the tech industry, Arm Holdings Plc CEO Rene Haas said last week.

“Together, we will co-develop the next generation of memory for AI factories and support the accelerating global expansion of AI infrastructure — from frontier model training to agentic and physical AI,” Huang said in the statement.

Huang is pushing a slate of products in coming years, and Asian companies — including South Korean firms — will play a critical role. In Taipei, Nvidia's CEO took the unusual step of hosting a dinner with partners including SK Group Chairman Chey Tae-won.

Since arriving in Seoul in past days, Huang similarly dined with several high-profile industry names. He called on gaming studios Krafton Inc. and NC Corp., whose endorsement may be key to ensuring widespread adoption of Nvidia's RTX Spark chip — its foray into a PC sphere dominated by Intel Corp. and Advanced Micro Devices Inc.

Nvidia announced a series of tie-ups Monday with big local names other than SK Hynix. The US company will help SK Telecom Co. and Naver Corp. build AI cloud services, and team up with Doosan Group on robotics.

Source: Network18