LG Electronics’ stock price soared more than 20% in one day on expectations for the physical artificial intelligence (AI) business.

According to the Korea Exchange on the 11th, LG Electronics’ shares surged 22.98 percent to close at 127,900 won on the same day. Investor sentiment was stimulated by an analysis that LG Electronics is expanding its competitiveness in physical AI beyond traditional home appliance companies.

Daishin Securities raised its target stock price of LG Electronics by 14.3% from 140,000 won to 160,000 won on the same day. The fact that LG Electronics is expanding its physical AI and robotics platforms has been the main reason for raising its…