LG Electronics is experiencing a strong performance in early trading following news that it has joined NVIDIA's next-generation artificial intelligence (AI) data center ecosystem.
As of 9:40 a.m. on September 22, LG Electronics shares were trading at 212,000 won, up 9,500 won (4.64%) from the previous trading day, according to the Korea Exchange.
The rise in LG Electronics' stock price is attributed to its participation in NVIDIA's AI data center ecosystem. The company announced that its large-capacity cooling distribution unit (CDU) and LG Energy Solution's battery energy storage system (BESS) have been selected as 'DSX Ready' products and partners for NVIDIA.
Recently, NVIDIA has been developing the 'DSX AI Factory Platform' to integrate and optimize the entire process of designing, building, and operating AI factories. The 'DSX Ready' designation is awarded to products and solutions that meet the technical requirements necessary for this platform.
LG Electronics' 2.5 megawatt (MW) CDU, which has received NVIDIA's approval, implements a 'in-row' cooling method that groups multiple racks into a single CDU. This makes the CDU a key facility for reliably managing heat in AI data centers.
Earlier, LG Electronics also received NVIDIA's approval for its 600 kilowatt (kW) and 1 MW CDU products in July and September, respectively. The market views the new 2.5 MW CDU as having demonstrated high technical capability in the global liquid cooling market by meeting additional requirements.
As of 9:40 a.m. on September 22, LG Electronics shares were trading at 212,000 won, up 9,500 won (4.64%) from the previous trading day, according to the Korea Exchange.
The rise in LG Electronics' stock price is attributed to its participation in NVIDIA's AI data center ecosystem. The company announced that its large-capacity cooling distribution unit (CDU) and LG Energy Solution's battery energy storage system (BESS) have been selected as 'DSX Ready' products and partners for NVIDIA.
Recently, NVIDIA has been developing the 'DSX AI Factory Platform' to integrate and optimize the entire process of designing, building, and operating AI factories. The 'DSX Ready' designation is awarded to products and solutions that meet the technical requirements necessary for this platform.
LG Electronics' 2.5 megawatt (MW) CDU, which has received NVIDIA's approval, implements a 'in-row' cooling method that groups multiple racks into a single CDU. This makes the CDU a key facility for reliably managing heat in AI data centers.
Earlier, LG Electronics also received NVIDIA's approval for its 600 kilowatt (kW) and 1 MW CDU products in July and September, respectively. The market views the new 2.5 MW CDU as having demonstrated high technical capability in the global liquid cooling market by meeting additional requirements.
* This article has been translated by AI.
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