Attention is focusing on the future investment direction as artificial intelligence (AI) and high-bandwidth memory (HBM) related stocks, which have recently shown strong performance, simultaneously underwent a correction during the intraday trading on the 5th.

Mixed US Stock Market Trends and Domestic Semiconductor Stock Movements In the US stock market the previous day, the Dow Jones Industrial Average closed higher, while the tech-heavy Nasdaq index declined. In particular, profit-taking movements appeared centered around AI-related stocks, and this atmosphere is interpreted to have affected domestic semiconductor investment sentiment.

• On this day, the downward trend of representative HBM equipment and post-processing stocks was evident during intraday trading.
• Hanmi Semiconductor: Down 3.78% (292,500 won)
• Koh Young: Down 7.23%
• QRT: Down 5.26%
• YC: Down 4.38%
• Micro To Nano: Down 6.04%

Stocks related to AI semiconductor design and the supply chain also failed to escape weakness. Laser Cell (-7.43%), Open Edge Technology (-6.44%), and Mirae Semiconductor (-7.35%) declined, showing shrinking investment sentiment. On the other hand, not all stocks showed weakness. Eotechnix (+0.30%), DIT (+1.14%), KCTECH (+0.30%), and PSK Holdings (+5.15%) recorded upward trends, showing differentiated movements by stock.

"Short-Term Breath-Catching vs. Earnings Verification"…What are the Future Watching Points? In the market, many interpret this correction not as a simple deterioration of industry conditions, but as a 'breath-catching' process following the steep rise driven by expectations of increased demand for generative AI and HBM since the beginning of the year. The key variable that will determine the future direction of semiconductor stocks is whether the expansion of AI investment will lead to actual earnings growth.

The scale of data center investment by global AI companies, including Nvidia, the release schedule of next-generation AI semiconductors, and the expansion of HBM supply are cited as important watching points for the future. The industry expects that the importance of HBM will grow even further as the demand for high-performance memory steadily expands due to the advancement of generative AI models and the increase in data processing volume.

A representative from the securities industry analyzed, "Volatility may expand in the short term, but the growth story of the AI and HBM industry has not been damaged," adding, "There is a possibility that supply and demand will once again center on companies supported by future earnings and order backlogs."

[※ This article was written for the purpose of providing investment information, and investment decisions and responsibilities lie with the investor. AI was partially utilized in the writing process of this article.]