KB Securities: Samsung Electronics Poised to Triumph in AI Era Amid Strong Memory Demand

KB Securities has analyzed that Samsung Electronics will emerge as the ultimate winner in the field of memory semiconductors, driven by increased demand stemming from advancements in artificial intelligence (AI) technology. KB Securities maintained its target price of 360,000 won and a 'buy' recommendation for Samsung Electronics.

Kim Dong-won, an analyst at KB Securities, cited the deepening memory supply shortage observed since April as a key basis for this assessment. The surge in demand for memory semiconductors, driven by the increasing data processing requirements for AI services, has intensified, with customers facing greater difficulty securing the desired amount of memory in the second quarter compared to the first.

Kim analyzed that as the AI market's focus shifts to agent AI from 2026, memory chip capacity will become a critical competitive factor for AI system performance. He added that this is the time for Samsung Electronics, which has secured the largest production capacity, to be revalued. Global data center capacity is projected to expand by approximately 100 gigawatts (GW) by 2030, doubling its current capacity. Based on this long-term strength, KB Securities forecasts Samsung Electronics to be the ultimate winner in the AI era.