00:03Kospi closed at 5,638 points, 34, up 3.09%.
00:10Korea's two chip giants trade at about three times next year's earnings.
00:16And experts say big tech still has cash to spend.
00:20It's Wednesday, October 28th.
00:23Here's what investors are watching in Korea today.
00:26Chip stocks have whipsawed on doubts over AI profitability.
00:31HANA Securities estimates rank Korea's chip makers as the cheapest among global peers.
00:37Experts say recent fears look overdone.
00:40Here's what the numbers show.
00:422.8 times 2027 earnings, that's where SK Hynix trades, with Samsung Electronics at 3.2.
00:49Micron sits at 5.1, NVIDIA at 13.3, Broadcom at 16.7, and TSMC at 19.0.
01:01Samsung's 2027 operating profit is forecasted at 555 trillion won, about $419 billion, up 51%, with SK Hynix up 50%.
01:14So, what does this mean for investors tracking Korea?
01:18Earlier, we said the two trade at about three times next year's earnings.
01:23Here's what that actually means for you.
01:25That discount suggests the market doubts these profits will last.
01:30So, signs that big tech keeps spending are the catalyst to watch.
01:34Watch big tech's next earnings and spending plans.
01:37Watch whether 2027 profit forecasts hold near 50% growth.
01:42Watch whether the Kospi extends Tuesday's 3.09% gain.
01:48That's today's AI Prism, Securities Daily.
01:52This episode was produced with AI assistants based on Seoul Economic Daily reporting, and reviewed by a human editor.
02:00AI Prism is a Juan Ifra Award-winning series.
02:03We'll be back tomorrow.
