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AI Era, KOSPI and Corporate Competitiveness

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1. The Future of KOSPI in the AI Era

• The overall fundamentals of KOSPI are weakening.
• Major companies are facing a difficult situation with declining global competitiveness.
• However, it is important to focus on the growth potential of AI-related industries and related companies.

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2. KOSPI-Listed Companies to Watch in the AI Era

• Leading companies in AI-related hardware and semiconductor technology development:
  • SK Hynix: Strong in AI hardware solution development and memory semiconductors.
  • Hyundai Motor Company: Potential for the development of autonomous driving technology and AI utilization.
• Companies related to energy and power grid construction:
  • Korea Electric Power Corporation (KEPCO) and renewable energy companies.
• Shipbuilding and logistics companies with high technological capabilities:
  • Shipbuilding and shipping sectors utilizing AI-based optimization technology.

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3. The Core of AI and Data Competition

• Three essential elements for AI growth:
  1. Data
  2. Algorithms
  3. Computing power
• China's overwhelming advantage in terms of data: Utilizing massive facial and user data.
• Algorithm development and hardware capabilities needed for AI implementation such as GPU/semiconductor technology are also important.

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4. Global Competition: AI Competition Between the US and China

• US-centric AI competition centered around Big Tech, but many practical developers are of Chinese origin.
• Description of future threats in China's AI sector:
  • China's moves to secure semiconductors and data in the strategic environment are prominent.
• Focus on the AI position of global BigTech companies like Google compared to China.

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5. Investment Implications: Potential for All-In on AI Stocks

• The phenomenon of funds flowing into AI-related companies is expected to become more pronounced in KOSPI.
• Deepening differentiation in the overall market:
  • One side grows with AI-related technology, while the other side potentially loses competitiveness gradually.

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6. Direction of Investment: Volatility Management and Long-Term Perspective

• Importance of Smart Selling Strategies:
  • The risk of a bubble is increasing.
  • It is necessary to maintain assets well and establish a plan to sell gradually as prices rise.
• Comparison of Global Markets:
  • A surge in the market capitalization of US tech companies and leading global power.
  • European and Japanese companies lag behind with stagnant market capitalizations.

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7. Future of Tech Industry and Changes in Economic Structure

• The scale of the ecosystem created by AI technology may be larger than expected.
  • Exploring the possibility that the market capitalization of Big Tech companies may exceed the scale of GDP due to AI.
• Observation of the power structure change between tech and traditional industries in the investment environment.

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< Summary >

• In the AI era, the KOSPI stock market should focus on the growth potential in AI-related industries.
• AI-related stocks, especially companies strong in semiconductors, electricity, shipbuilding, and autonomous driving, are the main investment focus.
• The AI competition between China and the US will have a significant impact on KOSPI and the global economy.
• US-centric Big Tech companies are still playing a leading role in the global tech landscape.
• For investors, a strategy that considers volatility and looks at AI-centered future investment is necessary.

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[More…]

1. [AI-related stocks, 2023 investment focused companies]

   https://nextgeninsight.net/?s=AI

2. [Trends and Prospects of AI and Semiconductor Market]

   https://nextgeninsight.net/?s=Semiconductors

*YouTube Source: [이효석아카데미]

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