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Samsung(91,000 +2.48%)Is running toward ‘100,000 electrons’. It is an analysis that individual investors who entered the stock market intensively bought Samsung Electronics, a’signboard company’. The expectation that Samsung Electronics will increase its share in the global foundry (consigned semiconductor production) market was also reflected.
Samsung Electronics closed the transaction at 91,000 won, up 2.48% on the 11th. In the morning, it soared to 96,000 won, a 9% increase. SK hynix(133,000 -3.62%)This is in contrast to the close of trading at 133,000 won, down 3.62%.
It is an analysis that novice investors who jumped into the stock market for the’fear of missing out syndrome’, which may be left alone in the bullish rally, preferred the Korean company, Samsung Electronics. Among them, the word “I only have no Samsung Electronics” became a buzzword. Until the 8th of this year, individual investors net bought Samsung Electronics worth about 2 trillion won. On this day, Samsung Electronics bought about 1.7 trillion won worth of money in one day and received the amount thrown by institutions and foreigners.
At the beginning of this year, news that predicted the structural growth of the foundry sector continued, and Samsung Electronics received a premium. According to Bloomberg News on the 10th, Intel is known to be pursuing a plan to entrust some of its semiconductor products to foundries such as TSMC and Samsung Electronics in Taiwan. Intel is a comprehensive semiconductor company responsible for everything from semiconductor design to production. However, as production capacity has recently declined, it has been considered outsourcing its own production to a foundry, a company specializing in production.
The earthquake in Taiwan last weekend disrupted production at UMC, the world’s fourth-largest foundry. Last week, news was reported that TSMC, the world’s number one foundry company, was delaying its 3 nm (1 nm = 1 billionth of a meter) process.
No matter how much Samsung Electronics is, there is no disagreement that the rate of short-term growth is too fast. However, the analysis of the market is that the mid- to long-term growth engine is valid. Jong-woo Yoo, head of the Korea Investment & Securities Research Center, raised the target price of Samsung Electronics to 120,000 won. He said, “Samsung Electronics’ operating profit forecast this year is less than that of 2018 (59 trillion won), which reached its maximum of 50 trillion won.” It is enough to receive a higher valuation than 2018 in that it is starting.”
Reporter Jaeyeon Ko [email protected]
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