---

---

● Samsung’s Breakout Signal

<h4>2Q 2024 Samsung Electronics HBM3 Expansion and Key Semiconductor Industry Observation Points</h4>


Samsung Electronics' full-scale HBM3 expansion, surging demand for custom HBM, large-scale supply to NVIDIA, and a turnaround in the semiconductor industry.
This analysis covers:
- The impact of Samsung Electronics' HBM3 expansion plan on stock prices and the market,
- Customer demand trends for custom HBM (High Bandwidth Memory),
- Supply contract prospects with global big tech companies like NVIDIA,
- Detailed current atmosphere of the semiconductor industry,
- Key growth/risk factors that investors should focus on in the future.
All are organized in detail, easily, and in chronological order.


<h3>1. Samsung Electronics HBM3 Production and Supply Expansion in Q2</h3>
Samsung Electronics plans to significantly expand the production and supply of its HBM3 (High Bandwidth Memory) product line in the second quarter of 2024.
Especially with the rapid growth of the AI semiconductor market, demand is surging from data centers, cloud services, and big tech customers.
Samsung is expanding its production spectrum from existing HBM3 supply to include custom HBM.


From a market perspective, increased HBM3 demand directly and positively impacts Samsung Electronics' earnings outlook.
The expansion of added value related to HBM is expected to be particularly prominent, driven by the growth of AI servers and High-Performance Computing (HPC).


<h3>2. Custom HBM, Global Customer Demand Status</h3>
Currently, there is a growing trend among global big tech companies like NVIDIA, AMD, Google, and Amazon to prefer custom HBM products.
Although order specifications have not been officially disclosed, the market indicates that most major corporate customers are requesting custom options.


Samsung Electronics' custom HBM technology and customer-tailored responsiveness are likely to naturally lead to increased new orders and improved profitability.


<h3>3. NVIDIA Mass Supply Potential and Stock Price Impact</h3>
Currently, the most notable aspect in the market is whether Samsung Electronics will begin mass supply to NVIDIA, the leading company in the AI chip industry.
If a large-scale supply is actually achieved, the prevailing view is that Samsung Electronics' stock price could realistically achieve further gains to the range of ₩65,000 to ₩70,000.


This could not only improve short-term earnings but also elevate Samsung Electronics' status and credibility in the AI semiconductor supply chain.


<h3>4. Semiconductor Industry, 2024 Trends and Key Variables</h3>
After a recession in the past 1-2 years, a clear turnaround mood has formed in the semiconductor industry as of the first half of 2024.


Characteristically:
- Demand turnaround centered on AI and HPC is playing a leading role,
- Inventory adjustments by memory companies are nearing completion,
- Margin structure is recovering due to eased pressure on price declines.


If the "Deep Cycle" (strong upcycle) begins in earnest, there is also valid expectation that the entire semiconductor stock could be upgraded another level upon the emergence of additional innovation trends.


<h3>5. Downside/Upside Risk Factors and Investment Perspective</h3>
At this point, the consensus is that there are not many additional negative factors in the semiconductor market.
While macroeconomic uncertainties such as US-China tensions and supply chain issues do exist, they have already been largely reflected in prices and stock prices.
Rather, new demand based on artificial intelligence and data centers is steadily flowing in, so from an investment perspective, this is a phase where more upside potential can be opened than downside.


The core keywords for semiconductor stocks are "Competition for HBM3 supply capacity by company", "AI-related demand", "Expansion of global IT investment", "Earnings momentum", and "New innovation momentum".


< Summary >
Samsung Electronics' HBM3 expansion in Q2 is positive for earnings and stock prices.
Custom HBM customer demand is strong, and the stock price is expected to level up further with large-scale NVIDIA supply.
The semiconductor industry turnaround is clear, and the section is more open to the upside than the downside.


[Related Articles...]
- <a href="https://nextgeninsight.net/?s=HBM3">Samsung Electronics HBM3 Global Market Strategy and Prospects</a>
- <a href="https://nextgeninsight.net/?s=AI">Key Investment Points for AI Semiconductors in 2024</a>

*YouTube Source: [달란트투자]

– 삼성전자 상승 신호 떴다. 7만전자 돌파 시점은 ‘이때’｜이성웅 이사 1부