Daol Keeps Buy on Samsung Electronics, Sees Recovery in HBM and Foundry Competitiveness - en.bloomingbit.io

Daol Investment & Securities maintains a Buy rating on Samsung Electronics with a target price of KRW 585,000 ($422). The firm sees signs of recovery in Samsung's core competitiveness, particularly in... Read original →

Samsung Electronics' Buy rating from Daol underscores a resurgence in its HBM and foundry competitiveness. The HBM4 advancement will drive demand for upstream materials like silicon wafers and packaging substrates. Despite macro headwinds such as rising interest rates and gold prices, the semiconductor recovery is fueling tech sector gains and digital asset inflows. Competitors like SK Hynix and TSMC may accelerate investments in advanced process nodes and AI chip supply chains to counter Samsung’s positioning. Over the next 12-24 months, sustained global AI infrastructure spending will amplify Samsung’s long-term contracts and foundry capabilities into consistent cash flows and shareholder returns, reinforcing its central role in the semiconductor ecosystem.