AI Semiconductor Investment Scope Expands Beyond Memory Chips to Full Supply Chain

Mirae Asset advises broadening AI semiconductor exposure beyond memory to the full supply chain, citing KOSPI concentration risks after SK Hynix and Samsung rallies.

Woofun AI notes that South Korea’s July stock market adjustments stemmed from profit-taking after significant memory sector gains, rather than industry deterioration. Samsung Electronics and SK Hynix shares rose approximately 263% and 528% respectively over the past year, driving their combined KOSPI weight from 35% to 53%.

Mirae Asset stated that AI infrastructure investment opportunities are shifting from memory to the entire supply chain, including chip design, wafer manufacturing, and equipment. The firm suggested that covering upstream and downstream segments may help mitigate risks associated with single-link fluctuations as the AI cycle extends to cloud computing and applications.