"40 Trillion Won Cancellation is Just a Preview, '3.6 Million Nix' Is Coming"... "Samsung Electronics Can Recoup AI Investment Within 3 Years" [Stocktopia]
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- 2026-08-20 10:57:52
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- 2026-08-20 10:57:52
SK Hynix received an evaluation that its 40 trillion won share cancellation—the largest in the history of domestic listed companies—exceeds even the expectations of the securities industry, and that additional return measures remain.
An analysis suggests that for Samsung Electronics, the rise in U.
S.
SK Hynix headquarters in Icheon, Gyeonggi Province. /Photo = News1 [Financial News] Here is a summary of reports from major securities firms for the morning of August 20.
Treasury yields that triggered the sharp drop in stock price is merely a superficial concern, and what really needs to be watched is whether investments in artificial intelligence (AI) yield profits.
SK Hynix headquarters in Icheon, Gyeonggi Province. /Photo = News1 [Financial News] Here is a summary of reports from major securities firms for the morning of August 20.Naver was evaluated as having reaffirmed the growth potential of its AI infrastructure business, being cited as a key forward base for NVIDIA's direct equity investment.5 million won - Investment Opinion: Buy (Maintain) Hana Securities assessed that SK Hynix has unveiled a shareholder return plan that significantly exceeds market expectations by deciding to acquire and cancel 40 trillion won worth of treasury shares.Analyst Kim Rok-ho analyzed, "We had projected a share buyback of 20 to 30 trillion won, but a scale exceeding that has been announced," adding, "Since additional return policies are also scheduled to be shared, we believe the total will surpass the initially anticipated scale." This is interpreted as a determination to maximize shareholder value by significantly upgrading the existing policy of returning 50% of free cash flow.
SK Hynix is also reviewing plans to expand dividends, including existing fixed dividends and special dividends.
Following a resolution by the Board of Directors, the specific scale and method of additional returns, including dividends and share buybacks, are scheduled to be shared during the third-quarter earnings announcement.
※ Share Buyback This refers to a company purchasing its own shares from the market with its own funds and permanently canceling them.
It is a representative shareholder-friendly policy that reduces the number of outstanding shares, thereby increasing the value per remaining share.※ Free Cash Flow (FCF) This refers to the net surplus funds remaining after deducting taxes, operating expenses, and capital investments from the cash generated by a company's operating activities.It is typically used as a major source of funds for shareholder returns, such as dividends or share buybacks.Samsung Electronics to Recover AI Investment to Dispel Concerns Over Treasury Yields (KB Securities) Samsung Electronics (005930) ― KB Securities / Analysts Kim Dong-won, Lee Chang-min, Kim Da-hyun - Target Price: Not specified | Previous Day's Closing Price: 247,500 KRW - Investment Opinion: Not specified KB Securities analyzed that the rise in long-term U.S.
SK Hynix headquarters in Icheon, Gyeonggi Province. /Photo = News1 [Financial News] Here is a summary of reports from major securities firms for the morning of August 20.
Treasury yields, which caused the recent sharp drop in Samsung Electronics' stock price, is merely a superficial concern, and that attention should be focused on the potential for AI investments to turn into profits.
SK Hynix headquarters in Icheon, Gyeonggi Province. /Photo = News1 [Financial News] Here is a summary of reports from major securities firms for the morning of August 20.Naver was evaluated as having reaffirmed the growth potential of its AI infrastructure business, being cited as a key forward base for NVIDIA's direct equity investment.Analysts Kim Dong-won, Lee Chang-min, and Kim Da-hyun emphasized, "From an investor's perspective, what is more important than rising interest rates is whether AI investments can convert current interest rates into future profits." Given that the cloud production capacity of hyperscalers such as Amazon and Google is booked until at least 2028, the analysis suggests that a demand domino effect will be prolonged, accompanied by a successful return on investment within three years.The fact that strong rebounds have always followed past stock price plunges of over 40%, along with large-scale shareholder return policies, are also positive factors.
The research team predicted, "Large-scale shareholder returns will not only boost Samsung Electronics' corporate value but also lead to a revaluation of the stock price relative to earnings across the entire KOSPI market.
" They explained that a special dividend exceeding at least 100 trillion won, resulting from a policy to return 50% of accumulated free cash flow, will serve as a powerful catalyst for market revaluation.
Naver, Valuation Re-evaluated as NVIDIA's Forward Base (Hana Securities) NAVER (035420) ― Hana Securities / Analyst Lee Jun-ho - Target Price: 400,000 KRW (Maintain) | Previous Day's Closing Price: 208,000 KRW Hana Securities maintained its target price at 400,000 KRW, stating that Naver is emerging as an AI forward base where NVIDIA is directly investing equity, backed by financial support from global asset management firm Brookfield.
Analyst Lee Jun-ho noted, "Rental prices are continuously rising in tandem with Graphics Processing Unit (GPU) prices," adding, "short-term contracts' "Unit prices are confirmed to be more than double those of long-term contracts," the analyst stated.
SK Hynix headquarters in Icheon, Gyeonggi Province. /Photo = News1 [Financial News] Here is a summary of reports from major securities firms for the morning of August 20.
This suggests the explosive growth potential of the cloud rental business, which can significantly maximize profitability by paralleling short-term contracts during the phased scale-up process following the construction of the 200-megawatt (MW) facility in Phase 1.
SK Hynix headquarters in Icheon, Gyeonggi Province. /Photo = News1 [Financial News] Here is a summary of reports from major securities firms for the morning of August 20.Naver was evaluated as having reaffirmed the growth potential of its AI infrastructure business, being cited as a key forward base for NVIDIA's direct equity investment.The analyst also cited Naver's unrivaled operational experience in the global market as a strength.With over seven years of accumulated data from independently training language models and applying them to services, the analyst believes Naver will enjoy the greatest indirect benefits in the current situation where demand from the Asian region is shifting due to delays in data center construction in the U.S.
SK Hynix is also reviewing plans to expand dividends, including existing fixed dividends and special dividends.
2 billion won in operating profit.
The analyst predicted that starting with the expansion in Sejong, there is a high possibility of paralleling short-term contracts with multiple customers.※ Neocloud Unlike comprehensive cloud providers such as Amazon and Microsoft, this refers to emerging cloud companies specialized in renting GPU infrastructure used for AI computing.
Leading examples include the U.S.-based Coreweave and Europe's Nevius, which are growing rapidly driven by the surging demand for AI.
SK Hynix headquarters in Icheon, Gyeonggi Province. /Photo = News1 [Financial News] Here is a summary of reports from major securities firms for the morning of August 20.
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SK Hynix headquarters in Icheon, Gyeonggi Province. /Photo = News1 [Financial News] Here is a summary of reports from major securities firms for the morning of August 20.[email protected] Seong Min-seo Reporter