Key insights
- LG Group's reported acquisition of 10,000 Nvidia GPUs for AI development and robotics signifies strong demand for AI infrastructure. This bolsters Nvidia's position as a key supplier and suggests continued investment in AI capabilities by major conglomerates, potentially driving growth for semiconductor and AI-focused companies.
Investing.com -- South Korea’s LG Group will adopt 10,000 graphics processing units from Nvidia Corp, according to a report from South Korea’s Maeil Business Newspaper on Thursday. The newspaper cited an unnamed industry source for the information.
The GPUs will be used to train artificial intelligence systems at LG’s AI research center, Maeil said. The units will also support development of a humanoid robot being created by LG Electronics Inc, according to the report.
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