When Will Samsung Electronics and SK Hynix Rise Strongly? The Trigger to End the Frustrating Sideways Movement, and Why You Need to Take Profits at Year-End - MP Partners CEO Park Byung-chang

Summary

Park Byung-chang, CEO of MP Partners, argues that AI speed-control fears are likely noise, explains how Fed rate hikes may shape the market into year-end, and discusses why KOSPI and Korean semiconductor leaders remain stuck in a box. He expects Samsung Electronics and SK hynix may attempt rebounds toward key levels around Q3 earnings, while advising investors to reduce overweight positions into strength. He also recommends taking profits and raising cash if a year-end rally materializes, citing rate-hike risk and the rarity of a fourth consecutive annual S&P 500 gain.

• AI speed-control headlines are viewed as noise, not a fundamental demand break.
• Macro backdrop includes high oil, high long-term yields, war, and expected Fed hikes.
• September hike is largely priced; a December follow-up hike is seen as a stock-market risk.
• KOSPI is box-bound because Samsung and SK hynix face heavy retail and ETF supply.
• Q3 earnings may allow Samsung and SK hynix to test key resistance levels.
• Investors are advised to reduce overweight positions if the rebound comes.
• Year-end market strength is framed as a chance to take profits and raise cash.
• Long-term AI inference and physical AI are expected to raise memory-chip demand.