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0:44Now PlayingJensen Huang’s midas touch extends to Korean fried chicken.
Photos and videos of Nvidia Corp.’s CEO having beers and fried chicken at a local restaurant, Kkanbu Chicken, in Seoul — with Samsung Electronics Co. Chair Jay Y Lee and Hyundai Motor Co. Executive Chair Chung Euisun — went viral, and now investors are driving up the stocks that may be a beneficiary.
While Kkanbu is not publicly listed, shares of rival Kyochon F&B Co. briefly surged as much as 20% on Friday after photos and videos of the gathering circulated widely on social media. Korean poultry processor Cherrybro Co. also soared by the daily limit of 30%, with trading volume about 200 times its average. Neuromeka Co., a Kosdaq-listed company that makes chicken-frying robots, also jumped.
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