Even if the market shakes, leading stocks will go again

Summary

CEO Lee Gwon-hui of Wizwave argues that Korean memory semiconductors are in a structural growth phase, not a cyclical peak, and investors should buy aggressively on dips. He also highlights Hyundai Motor as a leader in physical AI/humanoid robotics due to its factory automation, and emphasizes Samsung Electronics' unique position in CPO/advanced packaging technology.

• Memory semiconductor selloff is temporary profit-taking; structural AI demand supports further upside.
• Samsung Electronics and SK Hynix are core buys; EPS growth and potential PE expansion justify higher valuations.
• Hyundai Motor's factory automation and robotics experience give it an edge in physical AI; stock has re-rating potential.
• Samsung Electronics is the main beneficiary of CPO and advanced packaging, not small-cap optical stocks.
• Interest rate concerns are overblown; US markets have not corrected meaningfully, indicating resilience.
• Union issues at Samsung are likely to be resolved soon; buy on weakness.
• NVIDIA earnings are less important than updates on networking (NVLink) and new technologies like CPO and quantum computing.
• Korean market volatility is an opportunity to buy quality stocks at lower prices.