Samsung Electro-Mechanics and LG Innotek shares surge on AI semiconductor tailwinds
Shares of Samsung Electro-Mechanics and LG Innotek, along with expectations for their earnings, are rising amid the expansion of the AI semiconductor market. Samsung Electro-Mechanics' share price has risen more than 2fold this month, and closed at 29 on 212 million7000 won, while LG Innotek hit an all-time high of 147 million4000 won intraday on the same day.
Samsung Electro-Mechanics and LG Innotek shares are rising amid the expansion of the artificial intelligence (AI) semiconductor market. Samsung Electro-Mechanics' share price has surged more than 2fold this month and closed at 29 on 212 million7000 won. The company said demand related to AI had contributed to the share price increase.
LG Innotek rose to 147 million4000 won intraday on the same day, setting a record high. The company said the share price reflected increased demand for key products, including power components and substrates. Market expectations for both companies have risen.
Samsung Electro-Mechanics' main products are multilayer ceramic capacitors (MLCCs) and flip-chip ball grid arrays (FC-BGAs). Demand for these components is increasing alongside the growing performance requirements for semiconductors used in AI servers. The industry counts Samsung Electro-Mechanics among the major beneficiaries of the AI boom.
LG Innotek is directly benefiting from AI server demand in its power components and substrate businesses. According to the company, shipments of related products are increasing. Industry insiders said that expanding investment in AI servers is driving the market for related components.
31Some industry players explained that demand for semiconductor substrates and power components has surged as AI accelerators become more powerful. The industry expects the boom in the related components market to continue for the time being. The companies’ future performance can be confirmed in their quarterly earnings announcements.
The information announced so far has focused on share prices and the state of product demand. The product ranges and shipment trends disclosed by the companies are the key facts. Specific earnings figures should be checked in each company’s quarterly filings.
Sources: 파이낸셜뉴스 산업
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