TradingKey – During the Asian trading session on June 1, Samsung Electronics surged over 9.6% intraday to 347,500 KRW, hitting a record high; the stock’s year-to-date cumulative gain expanded to 189%, driving the Korea Composite Stock Price Index (KOSPI) up by over 4.5% to surpass 8,860 points, also reaching a new record high.
In addition, spurred by local media reports that LG Electronics may expand its cooperation with NVIDIA ( NVDA) in the fields of artificial intelligence and robotics, LG Electronics’ stock price hit the daily limit and reached a record high.
[Source: TradingView]
On the news front, Samsung announced on May 29 that it has shipped the industry’s first samples of 12-layer HBM4E to global customers, with performance…
