The market is still optimistic about the medium- to long-term prospects of the storage industry. As most of the new DRAM production capacity is invested in high-bandwidth memory, the supply of general-purpose DRAM is tightening, and AI data centers will continue to drive related demand growth. There are opinions that if major US technology companies expand the scale of long-term supply agreements, the shortage of memory chips may further increase. Stock prices in the storage sector have fallen sharply recently, and valuation pressure on related companies has been significantly relieved. The current sharp decline in Korean stocks is more due to excessive market panic; it is not a substantial deterioration in industry value. KB Securities researcher Kim Dong-won said, “Although the stock prices of leading storage manufacturers such as Samsung Electronics and SK Hynix have dived sharply, the fundamentals of the storage industry are still stable. Next year is expected to be the stage where the semiconductor industry is under the heaviest pressure in its history.” Zhao Yaren, a researcher at Samsung Securities, pointed out, “This market adjustment is not due to damage to the fundamentals of the industry, but rather due to the combination of multiple uncertainties in the context of tightening liquidity, which undermines market investment confidence. We should not adjust positions frequently in the short term; we should keep an eye on key events and operate step by step.” He added, “Long-term layout requires selecting semiconductor targets with clear competitive advantages and high certainty in performance improvement.”

The market is still optimistic about the medium- to long-term prospects of the storage industry. As most of the new DRAM production capacity is invested in high-bandwidth memory, the supply of general-purpose DRAM is tightening, and AI data centers will continue to drive related demand growth. There are opinions that if major US technology companies expand the scale of long-term supply agreements, the shortage of memory chips may further increase. Stock prices in the storage sector have fallen sharply recently, and valuation pressure on related companies has been significantly relieved. The current sharp decline in Korean stocks is more due to excessive market panic; it is not a substantial deterioration in industry value. KB Securities researcher Kim Dong-won said, “Although the stock prices of leading storage manufacturers such as Samsung Electronics and SK Hynix have dived sharply, the fundamentals of the storage industry are still stable. Next year is expected to be the stage where the semiconductor industry is under the heaviest pressure in its history.” Zhao Yaren, a researcher at Samsung Securities, pointed out, “This market adjustment is not due to damage to the fundamentals of the industry, but rather due to the combination of multiple uncertainties in the context of tightening liquidity, which undermines market investment confidence. We should not adjust positions frequently in the short term; we should keep an eye on key events and operate step by step.” He added, “Long-term layout requires selecting semiconductor targets with clear competitive advantages and high certainty in performance improvement.”