Samsung and LG Shares Rose – Investors Anticipate Possible Partnerships with Nvidia

South Korean technology company shares surged on Monday as the market optimistically received news that Jensen Huang will visit South Korea this week and meet with local tech giants' executives.

According to widespread reports, NVIDIA Corporation's CEO will hold meetings with LG Group Chairman Koo Kwang-mo and managers of other Korean companies to discuss potential collaboration opportunities in the fields of artificial intelligence and robotics.

Against the backdrop of these expectations, Samsung Electronics shares rose 9.5%, while LG Electronics shares experienced a 28% jump.

According to analysts' assessments, South Korea is an important partner for Nvidia, as the country holds leading positions in the production of memory chips, semiconductors, and technological infrastructure.

An additional positive factor is perceived as Samsung's announcement that the company has already supplied customers with samples of a new generation of high-bandwidth memory chips. This technology is considered one of the most important components for artificial intelligence data centers.

Nvidia is among Samsung's clients, which is why investors believe that collaboration between the two companies will deepen further in the future.

Market participants are also closely monitoring the COMPUTEX trade show currently taking place in Taipei, where representatives of Nvidia, Samsung, and SK Hynix participate in joint events, which suggests the possibility of new partnerships in the AI industry.