LG Electronics targets more AI data center cooling deals

Daishin Securities raised its target price for LG Electronics by 12.5% to 270,000 won, keeping a Buy rating. LG secured about 600 billion won in AI data center cooling orders in the first half and is chasing another 2–3 trillion won in the second half; its 2.5 MW CDU has been approved by Nvidia.

• LG Electronics target price raised to 270,000 won, up 12.5%
• AI data center cooling orders reached about 600 billion won in H1
• LG seeks another 2–3 trillion won in orders in H2
• Its 2.5 MW CDU won Nvidia approval for AI Factory standards