In early trading on the 1st, electric equipment-related stocks are broadly stronger. As expectations rise for the government's artificial intelligence (AI) ecosystem-building project, investors appear to be flocking to buy.
As of 9:28 a.m. on the stock market that day, Seondo Electric is trading at 5,110 won, up 1,175 won (29.86%) from the previous session.
At the same time, Gaon Cable and Daewon Cable are also up 42,500 won (18.20%) and 1,870 won (18.14%), trading at 276,000 won and 12,180 won, respectively.
LS Electric and HD Hyundai Electric are likewise up 25,000 won (10.50%) and 59,000 won (6.07%), trading at 263,000 won and 1,031,000 won.
It is seen that the government's declaration to build a "mega project" that makes semiconductors, AI data centers, and physical AI the country's new core growth pillars is strongly spurring investor buying.
News of large-scale investment announcements by conglomerates is also powering the share gains of electric equipment-related stocks. Samsung Group plans to invest a total of 2,655 trillion won, including 2,030 trillion won in the Pyeongtaek and Yongin semiconductor clusters and 625 trillion won in the Honam, Chungcheong, and Yeongnam regions.
SK Group also finalized an investment plan totaling 2,100 trillion won to build AI data centers and expand semiconductor supply capacity.
Demand for power infrastructure equipment, including substation facilities and transmission and distribution gear, is expected to steadily increase. That is because securing stable power is essential for semiconductor plants and AI data centers.