Samsung Electronics Maintains 600,000 KRW Target Price as Google AI Investment Drives Memory Demand

According to KB Securities on July 23, Samsung Electronics is positioned as the primary beneficiary of expanded AI infrastructure investment by U.S. tech giants including Google. The brokerage maintained its target price at 600,000 KRW and buy rating. Samsung holds the top position in memory chip supply to Google, accounting for approximately 50% of server memory demand and 80% of high-bandwidth memory (HBM) demand as of Q3 2026.
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