Astronomical Investment Begins" What is the Fate of Semiconductors? | Baek In-jae, Deputy Head of Hana Securities Sales Department Financial Center [Double Crew]

Summary

Baek In-jae reassures investors that the recent semiconductor sell-off and circuit breakers are temporary, backed by strong fundamentals and upcoming earnings from Samsung Electronics and SK Hynix. He highlights SK Hynix's ADR listing as a major catalyst and expects the KOSDAQ market to get a boost from its 30th anniversary event. The discussion also covers the Korean government's massive semiconductor investment plan as a long-term growth driver.

• Recent tariff-driven volatility and circuit breakers are temporary; semiconductor fundamentals remain intact.
• Historical fear cycles (AI bubble, SaaS-pocalypse) were followed by new highs, and chipflation will pass similarly.
• Samsung Electronics Q2 provisional earnings on July 7 may show a provision impact, but the full-year outlook is strong.
• SK Hynix ADR listing on July 10 is a major positive, with potential Nasdaq 100 inclusion by year-end and possible Korean share split.
• KOSDAQ 30th anniversary event this week could revive interest and policy support for the neglected market, with large-cap biotech and battery stocks in focus.
• The government's 4,700 trillion won semiconductor mega project is a long-term economic growth driver and will create investment opportunities.
• Near-term US employment data and market closure may cause short-term volatility, but long-term investors should hold through it.