Hanmi Semiconductor is drawing market attention after recording its highest-ever performance in the second quarter. Expectations for high-bandwidth memory (HBM) equipment demand, driven by expanding investments in artificial intelligence (AI) servers and data centers, are fueling the stock's strong momentum.

• *[Hanmi Semiconductor Q2 Performance Summary]**
• Revenue: KRW 251.2 billion (up 39.5% year-over-year, record high on a quarterly basis)
• Operating Profit: KRW 130.3 billion (up 51% year-over-year)

With both revenue and operating profit growing significantly alongside improved profitability, assessments indicate that the strong performance trend has been firmly established.

Expanding AI Demand… Competitiveness of 'TC Bonder,' a Key HBM Equipment, on the Rise The HBM market is expanding rapidly in tandem with growing demand for AI semiconductors. As global memory companies increase related facility investments to boost HBM production capacity, a trend of mutual growth is emerging across the semiconductor post-process equipment market.

Hanmi Semiconductor, which develops and manufactures semiconductor automation equipment, holds the 'TC Bonder' as one of its flagship products—a critical piece of equipment that precisely bonds chips during the HBM manufacturing process, which involves stacking multiple DRAM layers. Accordingly, the technological prowess and supply capabilities of TC bonders are cited as key variables that will determine the future performance of equipment manufacturers.

Risk Factors and Future Watch Points However, given the characteristics of semiconductor equipment stocks, there is also a risk that performance volatility may increase depending on clients' facility investment schedules and changes in memory market conditions. Even if the trend of expanding HBM investments continues, short-term performance trajectories may vary depending on the pace of investment by each client, the timing of equipment orders, and the potential entry of competitors.

Hanmi Semiconductor has once again demonstrated its growth potential through its record-high Q2 revenue and increased operating profit. Going forward, whether expectations for expanding HBM investment will translate into actual additional orders and revenue growth is expected to be the key watch point for the stock's trajectory.

[This article is intended to provide information for investment reference purposes and does not recommend the purchase or sale of any specific stock. Stock investments may result in principal loss, and investment decisions and responsibilities lie solely with the investor. This article was written with AI assistance.]