Personally, I prefer a mix of direct semiconductor exposure & $iShares MSCI South Korea ETF(EWY)exposure. SK Hynix has the strongest HBM positioning, but Korea as a whole may still be in the early stages of rerating compared with expensive US AI names.
My biggest concern is not AI demand slowing, but expectations getting too far ahead. If capacity expands too aggressively into 2027-2028, the market could start pricing in oversupply risks. But for now, earnings momentum and pricing power still look very strong.
Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.
- DebbyLily·05-12TOPHBM is the whole game now. 5-6x still feels cheap, but do you worry lock-ins pull demand forward too hard?1Report
- jinxie·05-12TOPHBM angle is real, 5-6x still feels cheap. Anyone else watching capacity risk into 2027?1Report
- 1PC·05-12 23:27TOPNice Sharing 😁 @koolgal @Barcode @JC888 @Aqa @DiAngel @Shernice軒嬣 20001Report