The unsung hero of the 6,000-price war... 'This industry' that jumped faster than semiconductors

S. Courtesy of Yonhap News [Financial News] It has been found that the stock price growth rate of the power equipment sector has surpassed that of semiconductor stocks this month. This is due to significantly improved investor sentiment driven by expectations that demand for power infrastructure will grow as global investment in artificial intelligence (AI) data centers expands.
According to Koscom ETF Check on the 28th, power equipment ETFs ranked 2nd, 3rd, and 4th in terms of returns over the past month among domestic exchange-traded funds (ETFs). 4%).
The stock prices of power equipment companies began gaining momentum in the middle of this month. From the 14th, when the KOSPI re-entered the 6,000 mark during trading, until the 27th, the 'Machinery and Equipment' sector recorded the highest growth rate among KRX sector indices.
05%), which had been leading the rise in the domestic stock market. The KRX Machinery and Equipment sector includes power equipment stocks such as HD Hyundai Electric, LS Electric, and Hyosung Heavy Industries, as well as LG Energy Solution and Doosan Energyability.
Among these, the upward trend of power equipment stocks was particularly strong. 88%) during the same period.
88%. Stock prices surged as expectations spread that power demand stemming from expanded investment in artificial intelligence (AI) data center infrastructure would lead to improved earnings for power equipment companies.
AI data centers require a large amount of power in the process of processing information, and consequently, the demand for expanding power equipment infrastructure is growing. Kim Seok-hwan, an analyst at Mirae Asset Securities, stated, "As the expansion of AI infrastructure coincides with the demand to replace aging power grids, domestic companies are rapidly expanding their global market share based on their technological capabilities and delivery responsiveness.
87 trillion won) in investment will be needed in the U. S.
alone by 2030 to supply power for AI-related needs. " The earnings of domestic power equipment companies are also on an upward trend.
96% increase year-on-year, driven by expanding demand for global data center power infrastructure. 8% increase year-on-year.
Lee Min-jae, an analyst at NH Investment & Securities, stated, "Domestic power equipment companies are narrowing the gap with global competitors," adding, "The difference in order volume is shrinking, and they are securing clients that were previously difficult to access, such as Big Tech and utilities. " He further emphasized, "Expansion of volume into the North American data center market, price hikes enabling additional margins, longer lead times, and limited capacity expansion are justifying the high valuations of global power infrastructure," and predicted, "Domestic power equipment companies are expected to overcome the competitiveness gap through high growth potential and profitability.
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S. Courtesy of Yonhap News [Financial News] It has been found that the stock price growth rate of the power equipment sector has surpassed that of semiconductor stocks this month. This is due to significantly improved investor sentiment driven by expectations that demand for power infrastructure will grow as global investment in artificial intelligence (AI) data centers expands.
nodelay@fnnews.com Park Ji-yeon Reporter