Semiconductor Super Cycle Will Last 2-3 More Years, Meritz Securities Analyst Says

According to Kim Sun-woo, a semiconductor analyst at Meritz Securities, the current semiconductor super cycle will continue for 2-3 more years, stating on July 8 that it will end only when big tech companies abandon their AI infrastructure investments. Kim noted that memory chip demand has shifted from business-to-consumer (B2C) to business-to-business (B2B) transactions, driven by competition among tech giants to reach artificial general intelligence (AGI) first. He explained that companies must maintain heavy computing resource investments as an "AI race is a first-mover game." Kim also reiterated his earlier call for SK Hynix to pursue a U.S. depositary receipt listing, positioning it as a starting point for the company's global market revaluation.
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