Samsung Electro-Mechanics was up more than 7% in early trading on the 15th. Buying appears to be flocking on expectations that prices of semiconductor components will rise as demand for artificial intelligence (AI) infrastructure increases.
As of 9:44 a.m., on the KOSPI market, Samsung Electro-Mechanics was trading at 1,104,000 won, up 80,000 won (7.81%) from the previous session. During the session, it climbed to 1,133,000 won, renewing a record high.
It appears that successive target price hikes for Samsung Electro-Mechanics by the securities industry have helped lift the share price.
The securities industry analyzed that as AI-bound components such as AI servers and power infrastructure increase, sales of high value-added products such as multilayer ceramic capacitors (MLCC) and flip chip ball grid arrays (FC-BGA) are expanding.
NH Investment & Securities and SK Securities raised their target price for Samsung Electro-Mechanics to 1.5 million won on the day.