Shares of Doosan Robotics soared on June 1 as speculation arose about Jensen Huang, CEO of NVIDIA, potentially throwing the first pitch for the Doosan Bears in the Korean Baseball Organization (KBO).
According to the Korea Exchange, as of 1:47 PM, Doosan Robotics shares were trading at 138,400 won, up 31,900 won (29.95%) from the previous trading day. The stock opened at 106,500 won and peaked at 138,800 won during the session, marking a new 52-week high.
The surge in stock price is attributed to growing expectations surrounding Huang's visit, which could include a ceremonial first pitch at a Doosan Bears game.
Industry sources indicate that Huang is expected to arrive in South Korea after attending NVIDIA's annual AI conference, GTC Taipei 2026, from July 1 to 4. This will be Huang's first visit to South Korea in about seven months, following the APEC CEO Summit held in Gyeongju last October.
During his stay, Huang is reportedly set to meet with Kwang-mo Koo, chairman of LG Group, and discuss AI collaboration with major domestic IT companies, including Naver.
Previously, Huang gained significant attention for a meeting with Lee Jae-yong, chairman of Samsung Electronics, and Chung Eui-sun, chairman of Hyundai Motor Group, at a chicken restaurant during the APEC CEO Summit last October.
* This article has been translated by AI.
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