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Jun 8, 2026 8:10 AM

NVIDIA, SK Telecom Team Up To Build Korea's AI Powerhouse

SK Telecom Co. Ltd. (NYSE:SKM) stock rose nearly 4% in Monday premarket trading as improving investor sentiment and a stronger broader market fueled demand for technology and telecom stocks.

The South Korean wireless carrier gained 3.87% to $38.89 before the opening bell, while Nasdaq futures climbed 1.34% and S&P 500 futures advanced 0.64%, pointing to a risk-on start for Wall Street.

NVIDIA, SK Telecom To Build Gigawatt-Scale AI Cloud In South Korea

Separately, NVIDIA Corp. (NASDAQ:NVDA) and SK Telecom said on Sunday they plan to build a gigawatt-scale AI cloud in South ...