NVIDIA Shares Fall 5.66%; Companies Announce South Korean AI Agreement

At 11:24 a.m. ET Monday (16:24 UTC), NVIDIA shares were $176.07, down $10.57, or 5.66%, from Friday's close of $186.64. NVIDIA, SK Telecom and Rebellions announced a South Korean AI infrastructure agreement on Nov. 9. The quote was an intraday reading. Under a memorandum of understanding signed Nov. 9 in Seoul, the companies plan to develop and verify a system combining NVIDIA graphics processing units (GPUs) with Rebellions neural processing units (NPUs). Rebellions plans to connect its Rebel R200 processors through NVIDIA's NVLink Fusion and use NVIDIA's MGX rack architecture. SK Telecom plans to test the systems in its AI data centers for potential use in AI services. The planned design assigns the prefill stage of AI inference to NVIDIA GPUs and the decode stage to Rebellions processors.

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