Nvidia (NASDAQ:NVDA), the biggest company globally, has selected South Korea's SK Hynix to be the memory supplier for its new Vera chip, a move that may supercharge the latter's stock.Nvidia Selects SK Hynix for Vera Memory ChipsSK Hynix stock has jumped by 220% this year and by 817% in the last 12 months, making it one of the best gainers globally. Its 1,500% surge in the last five years has helped to transform it into a $1 trillion company.SK Hynix stock five-year performance | Source: TradingViewIn a statement, Nvidia's Jensen Huang said:
"We had a very big year this year with SK Hynix, and we are preparing for a very, very large second half of the year and next year. We introduced Vera CPU, which is a revolutionary CPU, and it will also use SK Hynix's DRAM."
