Nvidia, SK to detail cooperation plan as Jensen Huang flags prolonged chip shortage

Nvidia and SK Hynix are set to detail a cooperation plan; Jensen Huang flagged a prolonged chip shortage. The cooperation signals strong demand and supply constraints, which typically boost pricing power and revenue for Nvidia. Positive sentiment and headline momentum could drive NVDA higher on Monday. The news may already be priced in; market could sell the event; broader macro headwinds.

The post explicitly says “Bullish for chip stocks on Monday,” referring to the broader semiconductor sector. A prolonged chip shortage and a major cooperation deal lift the entire semiconductor ETF, as leading names like NVDA, SK Hynix, and peers benefit. Sector-wide positive sentiment supports a long position in SMH for Monday’s open. Sector rotation, profit-taking, or a disappointing announcement could cap upside.