September 7 Closing Market Review: Foreigners and Institutions Swept Up Together… AI and Semiconductors Led KOSPI to Near 7,000 Points

Summary

Kim Jang-yeol argued that OpenAI's Astra/agentic AI restarts a demand loop for AI hardware and memory, and that Samsung Electronics and SK Hynix remain unusually cheap relative to global peers. Lee Kwon-hee highlighted AI-driven power/nuclear equipment strength, select semiconductor equipment bottoming, LG Electronics robot momentum, plus event-driven watches on robotics and glass substrates. The KOSPI surged near 7,000 on strong foreign and institutional buying, with derivatives signaling possible near-term upside but overhead supply at 7,000.

• KOSPI closed near 6,995, up 4.6%, led by AI/semiconductor large caps.
• Kim Jang-yeol ties the rally to OpenAI Astra/AGI, agentic AI, and renewed AI training/HBM/DRAM demand.
• He sees Korean memory names as deeply discounted versus Micron despite HBM leadership.
• Lee Kwon-hee sees AI data center power demand lifting Doosan Enerbility, BHI, KEPCO E&C and Hyosung Heavy.
• Semiconductor equipment/material names are bottom-fishing but face overhead supply.
• LG Electronics has robot parts/Bear Robotics IPO momentum; robotics and glass substrate are event-driven watches.
• Foreigners and institutions bought together while individuals sold; futures/options flow suggests near-term KOSPI upside.