Hyundai Motor shares rise 15% to hit record high amid Nvidia tie-up speculation

Reuters
2026.01.07 02:59
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Hyundai Motor shares surged by 14.9% to a record high amid speculation of a deeper partnership with Nvidia, outperforming the KOSPI index. Analyst Shin Yoon-chul noted that the recent announcement of deploying Atlas humanoid robots in factories did not fully account for the stock's rise. Investor expectations are growing that the collaboration with Nvidia may extend beyond chip supply, following a meeting between Hyundai's Chair and Nvidia's CEO, potentially leading to further investments in Hyundai affiliates.