Samsung’s stock approaches a record high
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Samsung Electronics Co.’s shares have surged to a record high, fueled by strong investor optimism over its potential in AI chips and renewed confidence in its core memory business. According to the company’s October 10 stock report, Samsung’s stock jumped 6% to 94,300 won in Seoul as markets reopened after a week-long holiday. As the largest company in South Korea by market capitalization, its shares have increased by 76% this year, boosting its market value to $390 billion. Samsung’s advanced AI approach escalates its shares to an all-time high Following Samsung’s impressive outlook, investors have become more optimistic that the company will catch up with its smaller competitor, SK Hynix Inc., in offering high-bandwidth memory to Nvidia Corp. and other firms for AI applications. Another factor contributing to this positive trend is a major supply deal with OpenAI, which involves both Samsung and SK Hynix Inc. Shawn Oh, an equities trader at NH Investment & Securities Co., commented on the topic of discussion, highlighting that the tech giant’s discount is fading when it comes to providing Nvidia with high-bandwidth memory and continuous significant investments in AI. According to the equities trader, reports indicate that Nvidia and Samsung are close to finalizing talks regarding supply volumes, prices, and timelines. On the other hand, the traditional DRAM and NAND chip markets, which Samsung leads, are expected to enter a “supercycle” as the supply shortage increases price expectations. During the week-long market holiday in South Korea, which ended on October 6, analysts from Morgan Stanley raised their early price target for Samsung to 111,000 won, reflecting a 14% increase. A notable surge in the tech company’s memory chip prices for the fourth quarter and a strong demand for its products, which is anticipated to continue until 2026, triggered this increase. The analysts believe these…
Filed under: News - @ October 10, 2025 5:27 am