Even Apple will kneel. The era of Samsung Electronics and SK Hynix's memory semiconductors has arrived / Foreign buying begins... The next stock to double is 'here' | Lee Gwon-hee CEO

Summary

Lee Gwon-hee CEO outlines a memory semiconductor super cycle fueled by AI demand, dismissing Apple's attempts to push down prices. He names Samsung Electronics and SK Hynix as key beneficiaries, notes a HDD demand shift due to expensive SSDs, and pinpoints Crafton and LG CNS as specific stock picks. The discussion also highlights the long-run opportunity in Korean semiconductor equipment stocks from large-scale AI data center investments.

• Nasdaq rallies 2%, big tech (Alphabet, Tesla, Meta) rise despite stagflation worries and chip-flation.
• Memory chip shortage persists; Apple's tactics to manipulate prices will ultimately fail, and prices remain supported through 2027.
• Seagate and Western Digital benefit as high SSD prices shift demand toward traditional hard disk drives.
• Crafton gets a bullish target price upgrade to 460,000 KRW on Q2 earnings upgrade and upcoming new games.
• LG CNS is favored over Samsung SDS, trading at 14x forward PE with a path toward 20x and a target above 70,000 KRW.
• The Gwangju AI data center and Yongin semiconductor cluster solidify a 20-year order pipeline for Korean semiconductor equipment and materials companies.
• Speculative small-cap construction names like Kumho Construction should be avoided or approached with caution.
• The pace of memory price increases will likely slow in the second half, potentially rotating attention to other sectors.