Nvidia Shares Drop 1.5% Despite LG Talks on AI, Robotics Partnership

Nvidia shares fell about 1.5% on April 29, 2026, amid a broader semiconductor pullback, even as LG Electronics confirmed talks with Nvidia on robotics, AI data centers, and mobility following a visit by Nvidia's senior director Madison Huang. No formal deal was announced, limiting immediate upside, while peers like AMD (-3.1%), Broadcom (-3.29%), and Arm (-6.7%) saw steeper declines. The discussions signal potential long-term demand for Nvidia's AI hardware, but investor worries over OpenAI's $30 billion-funded data-center spending temper enthusiasm in the near term.