"They Wouldn't Budge, and Now This Day Has Come"... LG Group Stocks Surge on News of a 'Kkanbu' Meeting

\r\n
[Financial News] LG Group stocks surged across the board on speculation that Jensen Huang, CEO of NVIDIA, who is scheduled to visit South Korea next week, may hold an official meeting with Koo Kwang-mo, chairman of LG Group.
\r\n\r\n
According to the Korea Exchange on the 29th, LG Electronics closed at 293,000 won, up 67,500 won, or 29.93%, from the previous day. It was a record closing high.
LG CNS also closed at the upper limit, while other major LG Group stocks, including LG Innotek (28.31%), LG Group (26.51%), and LG Electronics Preferred (21.91%), also posted strong gains. In addition, 'TIGER LG Group Plus,' an exchange-traded fund (ETF) that holds shares of LG affiliates, rose 22.1% at the close.
The broad rally in LG Group stocks appears to have started with news of Huang's visit to South Korea. As the possibility of a meeting between Huang and Koo Kwang-mo was raised, expectations for cooperation in Physical AI and Robotics boosted investor sentiment.
During this visit, the two sides are expected to discuss ways to expand cooperation, with a focus on Physical AI and Robotics. In particular, beyond collaboration between LG Electronics and humanoid robots, there is also talk of possible AI cooperation at the affiliate level involving LG AI Research, LG Innotek, and LG Uplus. LG Electronics already has a technical partnership in place, using NVIDIA's robotics platform, Isaac, in its smart home robots.
Earlier this year at CES 2026, LG Electronics unveiled its robot actuator brand, 'LG Actuator AXIUM,' and its stock surged on expectations for Physical AI. Its share price has risen 218.8% this year, outpacing Samsung Electronics, which is up 164.4%.
\r\n\r\n
Over the past year, however, LG Electronics has returned 305.8%, which is lower than Samsung Electronics' 465.1% and SK hynix's 1,000.5% over the same period. Analysts say the view that the stock is relatively undervalued has drawn investor attention to LG Electronics.
Kyung-min Lee, a researcher at Daishin Securities, said, "The experience from last year, when related stocks surged after CEO Jensen Huang's visit to South Korea and meetings with Samsung Electronics Chairman Lee Jae-yong and Hyundai Motor Group Chairman Chung Eui-sun, affected investor sentiment." He added, "Expectations for cooperation with NVIDIA on a Physical AI platform are already being priced in."
Another company affected by news of Huang's visit is Naver. As expectations grew that Huang would also discuss AI cooperation with major domestic IT companies, including Naver, during his visit, Naver's stock, which had been weak for some time, rose 14.15% to close at 234,000 won.
bng@fnnews.com Kim Hee-sun Reporter