LG Electronics Stock Rises on AI Chip Equipment Plans
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BTCCSquare news:
LG Electronics Inc. saw its shares climb 2.52% to 77,200 won on the Korea Exchange following reports of its strategic pivot into AI memory chip equipment. The MOVE positions LG as a potential competitor in the high-stakes semiconductor packaging arena, with hybrid bonding tools for high-bandwidth memory (HBM) production reportedly under development.
Market observers note the timing aligns with soaring demand for HBM chips used in Nvidia’s AI processors. While LG hasn’t confirmed details, local media suggests a 2028 target for mass production—a timeline that could challenge current market leaders. The stock gains contrast with dips among established semiconductor equipment makers, reflecting investor bets on industry disruption.
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