SanDisk, Micron's 'Real Signal'... Foreign Supply and Demand Also Changed | Park Byung-chang, MP Partners CEO

SanDisk, Micron's 'Real Signal'…Foreigner Supply and Demand Also Changed | Park Byung-chang, MP Partners CEO [Market Inside]

Watch on YouTube ↗ | August 14, 2026 at 00:10 | 42:40 | 3PRO TV (삼프로TV)

Speakers

Park Byeong-chang — Director, MP Partners

Summary

Park Byung-chang reviews the Korean and US market recovery, emphasizing that SanDisk and Micron's memory outlooks are a real positive signal for Samsung Electronics and SK Hynix. He also discusses KOSPI targets, foreigner supply and demand, BlackRock's Korean purchases, and thematic opportunities in NAVER/Kakao and auto parts moving into humanoid robots.

US indices made new highs with rotation from semiconductors into software, Palantir and neocloud names.
SanDisk's investor day projects high NAND margins, long-term contracts and AI-driven data center demand through 2030.
Micron says DRAM supply will tighten in 2027 and data center demand is less than half met.
Park reads the memory commentary as bullish for Samsung Electronics and SK Hynix.
He sets a KOSPI rebound target near 2,745 and recommends holding semiconductor leaders and large caps.
Foreigners and institutions were net buyers while retail sold heavily into the recent rally.
BlackRock added Korean stocks across AI, power infrastructure, value and bio; Park flags NAVER and Kakao as likely two-year gainers.
Hyundai suppliers converting to humanoid robot parts could become a theme.

Ideas

Park Byeong-chang Director, MP Partners 1:16

US indices bullish with rotation broadening.

The US market is in a broad new-high regime: the Dow first, then the S&P 500 and Russell 2000 made new highs. After the S&P 500 surged and moved sideways, Park uses that pattern as a bullish continuation signal; while semiconductors rested, software, Microsoft, Palantir and neocloud names rotated higher, showing broad participation.

Park Byeong-chang Director, MP Partners 2:30

Memory demand structural; buy Samsung/SK.

SanDisk's investor day laid out a 2028-2030 financial framework: AI inference expansion is driving a surge in data center NAND demand; long-term contracts already cover 50% of 2027 and 20% of 2028 supply; SanDisk expects 10% mid-to-high revenue growth, 80% gross margin, 75% operating margin through 2030, and 100% FCF return. Micron separately said 2027 DRAM supply will be tighter than 2026, data center demand is less than half served, the bottleneck is DRAM; it has 16 strategic customer contracts covering about 50% of revenue and expects Q3 server DRAM prices to rise double digits. Park reads this as proof memory demand remains structural and argues Samsung Electronics and SK Hynix, as global memory leaders, are likely not disadvantaged versus SanDisk or Micron.

Park Byeong-chang Director, MP Partners 9:37

KOSPI target 2,745; hold large caps.

KOSPI has been consolidating sideways after the July 31 long green candle and has now broken the July closing high. Park sets his rebound target around 2,745 and argues that until then investors should hold the two semiconductor leaders and large-cap names rather than chase short-term rotation trades.

Park Byeong-chang Director, MP Partners 30:29

Auto parts converting to robot parts theme.

Hyundai Motor has pressured its domestic auto parts suppliers since early this year to choose humanoid-robot parts fields and submit business plans because Hyundai needs to mass-produce humanoids with low-cost, stable supply chains. Auto parts makers can convert because they are already module/parts makers; the sector trades at the lowest PBR in Korea around 0.4, and companies that convert fast to robot parts could become a theme.

Park Byeong-chang Director, MP Partners 33:02

BlackRock added undervalued Korean growth/value stocks.

BlackRock's disclosure showed it added Korean names including Shinhan Financial Group, DB Insurance, HD Hyundai Electric, Hyundai Construction, Yuhan, NAVER, Alteogen, HLB, and Kakao. Park interprets this as foreign long-term money diversifying into AI, power infrastructure, value and bio at depressed prices, not short-term bottom-fishing; this supports holding those shares for a longer horizon rather than expecting immediate gains.

Park Byeong-chang Director, MP Partners 35:12

Naver and Kakao likely rise substantially.

BlackRock's disclosure showed it added Korean names including Shinhan Financial Group, DB Insurance, HD Hyundai Electric, Hyundai Construction, Yuhan, NAVER, Alteogen, HLB, and Kakao. Park interprets this as foreign long-term money diversifying into AI, power infrastructure, value and bio at depressed prices, not short-term bottom-fishing; this supports holding those shares for a longer horizon rather than expecting immediate gains.

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3PRO TV (삼프로TV) · Aug 13

This 3PRO TV (삼프로TV) video, published August 14, 2026, features Park Byeong-chang discussing SPY, IWM, SNDK, MU, 005930.KS, 000660.KS, EWY, Korean auto parts suppliers, 055550.KS, 005830.KS, 267260.KS, 000720.KS, 000100.KS, 196170.KQ, 028300.KQ, 035420.KS, 035720.KS. 6 trade ideas extracted by AI with direction and confidence scoring.

Speakers: Park Byeong-chang · Tickers: SPY, IWM, SNDK, MU, 005930.KS, 000660.KS, EWY, Korean auto parts suppliers, 055550.KS, 005830.KS, 267260.KS, 000720.KS, 000100.KS, 196170.KQ, 028300.KQ, 035420.KS, 035720.KS