On June 24, Samsung Electronics experienced a significant surge, reclaiming its position as the top company by market capitalization in the stock market. SK Hynix also saw an upward trend, indicating a rebound in the sector.
According to the Korea Exchange, as of 10:01 AM, Samsung Electronics shares rose by 24,000 won (7.74%) to 334,000 won. At the same time, SK Hynix shares increased by 9,000 won (3.52%) to 2,646,000 won.
This surge brought Samsung's market capitalization to 1,958 trillion 503.3 billion won, surpassing SK Hynix's 1,885 trillion 810.5 billion won.
The previous day's news that Samsung Electronics and SK Hynix are considering plans for a large-scale semiconductor cluster in the Honam and Chungcheong regions is believed to have contributed to the rise in stock prices.
According to Yonhap News and industry sources, the two companies are discussing the possibility of unveiling local investment plans at a public-private joint meeting on 'National Spatial Transformation (Balanced National Development)' hosted by President Lee Jae-myung at the end of this month. The proposal includes establishing semiconductor production and packaging facilities in the Honam region, including Gwangju and Jeonnam. Initially, investments were expected to focus on post-processing, such as packaging, but discussions have expanded to include core production processes like wafer manufacturing, raising the potential scale of investment significantly.
Positive forecasts continue from the securities industry. Kim Dong-won, a researcher at KB Securities, stated, "With the launch of NVIDIA's next-generation AI platform 'Vera Rubin,' demand for high-bandwidth memory (HBM)4 and next-generation memory is expected to grow, benefiting SK Hynix the most. In particular, the anticipated U.S. ADR listing in August is likely to narrow the valuation gap with Micron, serving as a catalyst for SK Hynix's stock price increase in the future."
Earlier, BNK Investment & Securities adjusted its operating profit forecasts for Samsung Electronics upward for this year and next, despite accounting for special performance bonuses in the DS division.
* This article has been translated by AI.
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