<div id="readability-page-1" class="page"><p>Chipmaker Nvidia (NVDA) CEO Jensen Huang is reportedly planning to strengthen the AI semiconductor alliance between Nvidia, SK hynix (HXSCL), and Taiwan Semiconductor Manufacturing (TSM) during next week's industry events in Taipei. According to <em>The Asia Business Daily</em>, SK Group Chairman Chey Tae-Won is expected to meet Huang and attend both GTC Taipei and Computex 2026, which begin on June 1. SK hynix President Kwak Noh-Jung is also expected to attend, thereby making the event an important meeting point for three companies that sit at the center of the AI data center supply chain.</p><h3>Memorial Day Sale – Claim 70% Off TipRanks</h3>Explore NVDS for 2X short leverage on NVDA <p>The relationship matters because each company plays a key role in the AI hardware stack. Nvidia designs the AI GPUs and platforms, while TSMC manufactures next-generation chips, and SK hynix supplies high-bandwidth memory, including base dies that rely on TSMC's advanced foundry process. Taiwan is also symbolic because it is home to TSMC and is Jensen Huang's birthplace. If Chey and Huang meet as expected, it would mark their fourth meeting in seven months, following meetings in Korea, Silicon Valley, and San Jose.</p> <p>The report also said that Huang recently met with TSMC Chairman Mark Liu in Taipei to discuss supply chain cooperation and future AI platform production. Meanwhile, SK hynix is expected to demonstrate its latest AI memory products at Computex, with speculation that Huang could visit the company's booth. Nevertheless, the bigger takeaway is that Nvidia, SK hynix, and TSMC appear to be tightening their partnership as AI data center demand keeps rising and supply chain coordination becomes increasingly important.</p> <h2><strong>What Is a Good Price for NVDA?</strong></h2> <p>Overall, analysts have a Strong Buy consensus rating on Nvidia stock based on 38 Buys, one Hold, and one Sell assigned in the past three months, as indicated by the graphic below. Furthermore, the average Nvidia price target of $308.22 per share implies 46% upside potential.</p></div>

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<p>Nvidia CEO Jensen Huang aims to strengthen the AI semiconductor alliance with SK Hynix and TSMC during upcoming events in Taipei. Key meetings are expected to enhance collaboration in the AI data center supply chain, with SK Hynix showcasing new AI memory products at Computex. Analysts maintain a Strong Buy consensus on Nvidia stock, with a price target of $308.22, indicating a 46% upside potential.</p>

- Nvidia CEO Jensen Huang aims to strengthen the AI semiconductor alliance with SK hynix and TSMC during upcoming industry events in Taipei.  
- Key figures, including SK Group Chairman Chey Tae-Won and President Kwak Noh-Jung, will attend, highlighting the importance of their roles in the AI hardware stack.  
- This strategic partnership is critical as demand for AI data centers rises, emphasizing the necessity for supply chain coordination among these companies.

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Nvidia's (NVDA) Jensen Huang Looks to Strengthen the AI Chip Alliance with SK Hynix and TSMC