LG Climbs 15%, Nanya Gains 10% After Nvidia Partnership Announcements

According to Bloomberg, shares of Asian tech firms including LG Electronics and Nanya Technology rose after announcements linked them to Nvidia partnerships in robotics, chips, and intelligent driving. LG climbed as much as 15% and Nanya gained about 10%, while other suppliers also advanced following the disclosures.

Asian suppliers now account for about 90% of Nvidia's production costs, up from roughly 65% last year, as the company has expanded its regional partnerships beyond semiconductors into physical AI applications.