LG Electronics
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LG Electronics' shares surge 24% after showing automotive innovations using Google tech
Shares of LG Electronics surged after it unveiled automotive innovations using Google technology.
LG Electronics Shares Jump Over 300% in 2026 on Physical AI Push
LG has expanded far beyond the original electronics business it started in the 1950s under the name Goldstar.
LG Electronics Shares Jump Over 300% in 2026 on Physical AI Push
LG has expanded far beyond the original electronics business it started in the 1950s under the name Goldstar.
LG shares rally on hopes for AI, robot cooperation with Nvidia, media says
LG shares rally on hopes for AI, robot cooperation with Nvidia, media says SEOUL, June 1 : Shares in South Korea's LG Electronics and some affiliates rose sharply in Monday morning trade, on investor hopes for expanded cooperation in physical AI and robotics with Nvidia, according to media reports. Shares in LG Electronics rose 28 per cent, while LG CNS and holding company LG Corp rose 25 per cent and 21 per cent, respectively, in morning trade. "The stock prices of LG Group companies have...
Nvidia partners with LG robotics to build humanoid robots in South Korea
NVIDIA and LG Group are building an AI factory to accelerate LG Group’s next wave of AI-driven businesses, spanning robotics, autonomous driving, data center technologies and GPU cloud services. The AI factory will provide LG Group with accelerated computing infrastructure to train, simulate, validate and deploy AI-based applications across its key businesses. The collaboration brings together NVIDIA’s full-stack, end-to-end AI factory platform with LG Group’s global leadership in consumer...
Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives
Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives SEOUL, June 1 : 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. 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. Nvidia also...
Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives
Samsung, LG shares rally ahead of Nvidia CEO meetings with Korean executives (Corrects to Huang in second reference in paragraph 4) SEOUL, June 1 : 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 May on...
South Korea's LG Group to adopt 10,000 Nvidia GPUs, Maeil says
South Korea's LG Group to adopt 10,000 Nvidia GPUs, Maeil says SEOUL, June 4 : South Korea's LG Group is adopting 10,000 GPUs from Nvidia, South Korea's Maeil Business Newspaper reported on Thursday citing an unnamed industry source. The GPUs are expected to be used to train AI by LG's AI research centre and a humanoid robot being developed by LG Electronics, Maeil said. A spokesperson for LG did not have an immediate comment.
India IPO gold rush becomes foreign firms’ cash-out machine
Foreign companies are increasingly using India’s booming initial public offering (IPO) market to cash out investments and send billions of dollars back to their home countries rather than raise fresh capital for expansion, according to a Reuters analysis. As per the report, only one of the six foreign-based companies that listed their Indian subsidiaries in Mumbai since 2024 raised new funds. The remaining IPOs were structured entirely as Offer for Sale (OFS) issues, allowing existing...
AI giant Broadcom sheds $300bn in market value as outlook misses sky-high expectations
The American chipmaker Broadcom reported a 48% revenue surge and AI semiconductor sales up 143%, but its refusal to raise its long-term sales target sent shares tumbling more than 12% in after-hours trading. Broadcom's second-quarter results were, by almost any standard measure, exceptional. Revenue climbed 48% year-on-year to a record $22.2 billion (€19.1bn), AI chip sales more than doubled, and adjusted earnings per share rose 54% to $2.44, comfortably beating consensus estimates.