韩国两大芯片巨头本月市值暴增逾千亿美元

Core Viewpoint - The article highlights the significant surge in the market value of South Korean chip manufacturers, SK Hynix and Samsung Electronics, driven by the growing demand for high bandwidth memory (HBM) chips essential for artificial intelligence applications, with a potential continuation of this trend [4][5]. Group 1: Market Dynamics - SK Hynix's stock price has soared due to its leading position in the HBM chip market, with analysts raising target prices for both SK Hynix and Samsung by approximately 30% this quarter [4]. - Morgan Stanley predicts a "super cycle" in the memory chip industry due to potential supply-demand imbalances in the coming year [4]. - Foreign investment is expected to increase in South Korean chip stocks, supported by major capital expenditure plans from tech companies in the U.S. [4][5]. Group 2: Financial Metrics - Despite a 24% increase in Samsung's stock price this month, its expected price-to-earnings (P/E) ratio remains at 14, while SK Hynix's stock has risen by 33% with a P/E ratio of only 7 [5][6]. - In contrast, major U.S. chip manufacturers have a P/E ratio of around 26, indicating that South Korean companies are perceived as relatively undervalued [5]. Group 3: Investment Sentiment - Foreign investors are increasingly attracted to South Korean memory chip manufacturers, with monthly cash inflows expected to reach historical highs [6]. - Analysts believe that Samsung's foreign ownership ratio has room to increase, given the strong demand for AI and the recovery in traditional storage products [6]. - Following the AI boom, Samsung's stock is projected to achieve its best monthly performance since 2001, with expectations of increased business with Nvidia in the HBM sector [6][8].