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The Economic Times
The Economic Times
Business

Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives

Shares in Samsung Electronics , LG Electronics and other South Korean tech firms rallied on Monday, as expected meetings between Nvidia CEO Jensen Huang and Korean executives boosted hopes of tie-ups in AI and robotics. Chipmaker Samsung Electronics was also buoyed by data that ‌South Korea's semiconductor ⁠exports surged ⁠to a record high in June on the AI boom, helping the country's total exports post their biggest rise in over four decades.

Huang is expected to visit South Korea later this week and meet LG Group Chairman Koo Kwang-mo and other Korean executives, a person with knowledge of the matter said.

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