Choi Tae-won's remark stirs US markets... SK Hynix ADR surges; 'Memory growth cannot be stopped' | Director Lee Ju-yeon

Summary

Director Lee Ju-yeon reviews the US market’s flat close and highlights SK Hynix’s successful ADR debut, which rallied 12% and lifted semiconductor peers. He details Chairman Choi Tae-won’s bullish AI and memory demand outlook, stressing that supply shortages may last beyond 2030. Lee sees opportunities in beaten‑down Korean semiconductor equipment stocks, KOSDAQ recovery via a levered ETF, and cosmetics/entertainment on seasonal earnings strength.

• US indices ended flat but Korean night futures edged higher; volatility showed signs of easing.
• SK Hynix ADR surged on its first trading day, trading at a premium akin to TSMC’s historical ADR pattern.
• Chairman Choi Tae-won’s interview reaffirmed that AI is real, that memory shortage could persist past 2030, and that customer LTA requests signal structural demand.
• Multiple leveraged ETFs on SK Hynix ADR are set to launch, potentially attracting heavy retail and institutional flows.
• KOSDAQ has corrected to multi‑year technical support; the KOSDAQ 150 Leverage ETF is seen as the most efficient vehicle for a rebound.
• Korean cosmetics, tourism and entertainment sectors are favored on strong Q2 earnings expectations and a seasonal second‑half peak, after sharp share price declines.
• Next week’s key events include TSMC and ASML earnings, Fed Chair Powell’s testimony, and CPI/PPI prints, which are unlikely to derail the positive semiconductor/AI narrative.