LG shares surge boosted by prospects of collaboration with Nvidia in artificial intelligence and robotics fields
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Glonghui June 1|According to media reports, the stock prices of South Korea's LG Electronics and some of its affiliated companies rose sharply in early trading on Monday as investors anticipated the company would expand cooperation with NVIDIA in the fields of physical artificial intelligence and robotics technology. Keyfriend Securities analyst Ahn Young-jun stated in a report on Monday: "As new businesses such as artificial intelligence and robotics attract attention, the stock prices of companies under the LG Group have risen recently." Korean media reported last week that NVIDIA CEO Jensen Huang is expected to visit South Korea later this week and plans to meet with LG Group Chairman Koo Kwang-mo and others.
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