NVIDIA CEO Huang to Visit Korea; Samsung and LG Shares Surge
NVIDIA CEO Jensen Huang is expected to visit South Korea this week to meet with corporate leaders, sparking a rally in Samsung and LG shares due to hopes for AI and robotics collaboration.
📋 Article Processing Timeline
- 📰 Published: June 1, 2026 at 16:41
- 🔍 Collected: June 1, 2026 at 16:57 (16 min after Published)
- 🤖 AI Analyzed: June 1, 2026 at 16:59 (2 min after Collected)
SEOUL, June 1 (CNA) - NVIDIA CEO Jensen Huang is reportedly visiting South Korea later this week to meet with top executives, fueling market expectations for strengthened cooperation in AI and robotics. This anticipation led to a surge in the stock prices of major Korean tech firms like Samsung Electronics today. Reuters reported that Huang is expected to meet with LG Group Chairman Koo Kwang-mo. NVIDIA is hosting a 'Korea Partner Night' during the COMPUTEX 2026 event, where executives from Samsung and SK Hynix are expected to attend. Samsung Electronics closed 9.58% higher, with its market cap reaching 2 quadrillion won. LG Electronics shares jumped 29.86%. Analysts suggest that NVIDIA's visit is significant as it relies on Korean manufacturing capabilities.
FAQ
What is the impact of Taiwan-Korea AI cooperation?
It strengthens the complementary relationship between semiconductor manufacturing and AI design, accelerating global AI development.