Samsung Electronics and SK Hynix Surge: Brokerages Weigh Targets and Risks

Brokerages are divided over how long investors should hold Samsung Electronics and SK Hynix, the No. 1 and No. 2 companies by market capitalization on Korea’s KOSPI. The two chip leaders have surged 129% and 191%, respectively, this year. Some analysts have raised target prices to 500,000 won for Samsung Electronics and 3.1 million won for SK Hynix. Their view is based on the argument that AI investment is no longer optional but a matter of survival, and that the semiconductor boom could continue next year. Still, warnings also emerged that upside momentum may weaken after the sharp rally. Source: mk.co.kr