Jensen Huang is Coming, Which Stocks Will Explode on June 5? / Will SK Hynix Overtake Samsung Electronics to Become #1 in Market Cap?

Summary

CEO Kang Gwan-woo discusses the Korean market's heavy concentration in AI memory stocks ahead of Jensen Huang's visit. He sees Samsung Electronics as having more upside to consensus targets than SK Hynix, warns that several secondary stocks are overvalued, and advises against holding single-stock 2x leverage ETFs long-term. He also expects foreign inflows to remain subdued due to rate differentials and FX dynamics.

• AI memory sector dominates the Korean market, raising concerns about concentration.
• Jensen Huang's June 5 visit is expected to separate winners from losers.
• Samsung Electronics retains ~10% upside to consensus target; SK Hynix is near target.
• Stocks like LG Electronics, LG Innotek, Samsung Electro-Mechanics, Samsung SDS, and NAVER appear overvalued relative to analyst targets.
• Single-stock 2x leverage ETFs on Samsung and SK Hynix are speculative and not for long-term holding.
• Foreign buying is unlikely to return soon due to persistent rate gap and high volatility.
• MSCI DM watchlist may cause short-term selling pressure before eventual inflows.
• Key variables to watch are HBM price increases and the extension of the memory upcycle.