Nvidia’s Jensen Huang Visits Korea, Boosts Samsung 9.5%, LG 28% Shares, Eyes COMPUTEX Keynote
NVDA•Jensen Huang's Korean meetings boosted partner shares; Samsung rallied 9.5% and LG 28% on hopes of AI tie-ups and a "Korean Partner Night" alongside delivery of 260,000 AI chips. Jensen Huang delivers COMPUTEX keynote June 1–4 following a 10.4% surge at COMPUTEX 2024, raising hopes of gains from AI announcements.
1. Korean Executive Meetings Spur Partner Stock Gains
Nvidia CEO Jensen Huang is set to visit South Korea later this week to meet LG Group Chairman Koo Kwang-mo and Samsung Electronics executives. His attendance at a "Korean Partner Night" during the COMPUTEX trade show and deals to deliver over 260,000 advanced AI chips contributed to a 9.5% rally in Samsung shares and a 28% surge in LG shares.
2. COMPUTEX Keynote Raises Product Expectations
Huang will deliver Nvidia’s opening keynote at COMPUTEX 2026 in Taipei from June 1 to 4. Investors are watching closely after Nvidia stock jumped 10.4% during the 2024 keynote, anticipating announcements of new AI and computing products that could drive similar market gains.
