Samsung Electronics 52-Week Lowest Trading Volume Seen as a Signal for a Sharp Rebound in 3 Weeks; HBM4 Positive News Breaks Out

Summary

Lee Jihwan, CEO of Aurora Investment Advisory, discusses Samsung Electronics and SK hynix after their post-Nvidia selloff. He argues the selloff reflects options-driven supply and a volume lull, not a broken AI semiconductor cycle, and expects the low-volume contraction to resolve in a September rebound. He also sees positive catalysts from HBM4 share shifts, Samsung's foundry-plus-memory fusion position, China custom AI chip memory demand, and contained US tariff risk.

• Samsung and SK hynix posted 52-week low trading volume, which the speaker interprets as selling exhaustion and a setup for a September rebound.
• Nvidia's results and hyperscaler AI data-center revenue keep the AI semiconductor growth outlook intact through 2028.
• US semiconductor tariff review is seen as psychological and less damaging, with actual burden likely falling on US buyers.
• HBM4 sample results favor Samsung, while Micron's potential redesign issue could raise Samsung/SK share.
• Samsung's ability to combine foundry and memory positions it for next-generation fusion AI chips and growing TPU orders.
• China custom AI chip demand supports memory prices, with capacity limited and prices up about 30% this month.
• Buyback-related foreign passive selling is expected to be limited, with long-term inflows improving supply/demand after September.