SK Telecom Co Ltd is trading at $39.45 (+5.38%) following news that it will build a gigawatt-scale AI cloud in Korea in collaboration with NVIDIA and join the NVIDIA Cloud Partner program.
- The stock is extending a rebound after a sharp two-day pullback, supported by positive momentum in the broader technology sector.
- The partnership marks a significant expansion of the company's AI infrastructure, as it officially joins the NVIDIA Cloud Partner program.
- Broader U.S. markets are trading higher today, with tech stocks leading the session's gains.