Is leverage okay for Samsung and SK hynix? Physical AI is on a different level, here's why

Summary

Lee Seon-yeop discusses the structural change in memory semiconductors due to AI, arguing for higher valuations for Samsung and SK hynix. He also highlights the revaluation of Hyundai Motor Group as a robotics company. He warns about the risks of leverage ETFs and comments on market distortion from concentrated semi stocks.

• Memory semiconductors undergoing structural change due to AI and long-term contracts.
• Lee Seon-yeop argues for PER re-rating of Samsung and SK hynix to 15x.
• Hyundai Motor Group should be valued as a robotics company.
• Leverage ETFs on Samsung/SK hynix increase volatility and risk.
• National Pension domestic equity increase may offer buying opportunities.
• Jensen Huang's visit to Korea raises expectations for physical AI.
• Korea is the optimal country for humanoid robot production.
• Lee advocates for visiting robot exhibitions to gain investment edge.