The title is <AI is coming up, when is Samsung Electronics going up?>

On June 13, Samsung Securities released a report on Samsung Electronics.

The title is <AI is coming up, when is Samsung Electronics going up?>

The bottom line is, "We raised the target price of Samsung Electronics to 120,000 won, and it's not strange even if it goes up significantly in a short period of time."

I said this about HBM as one of the reasons.

"The gap in HBM is narrowing. We believe Samsung's HBM3e is likely to pass customer (i.e. Nvidia) certification within the scheduled deadline, as noted in our May 28 report.

"If the deadline is scheduled, the 8th tier product must be by June, and the 12th tier product must be passed within three quarters. Rather, I think it is a misjudgment that the gap is increasing."

"HBM3e 12th tier could be rather fast. In the case of 12th tier, all three memory companies are expected to be certified internally around June and customer authentication around August to September. We are not ruling out the possibility that Samsung will deliver first."

To sum up, Samsung Electronics is likely to pass the test of HBM3e 8th tier to Nvidia in June, and 12th tier is likely to be in the third quarter, but in the case of 12th tier, Samsung Electronics may deliver it before SK Hynix.

Today is July 1st.

There was no word that the HBM3E 8th dan passed the Nvidia test during June.

I can't do 8th. Do you think it'll be 12th?

Nvidia wants it, Samsung wants it, and even Samsung Securities, which needs to be analyzed coolly, but Samsung's HBM has not yet passed Nvidia's test.

Passing the test is not about gathering hope, but about making a good product.

Heat generation and power consumption, plus low yield.

I'm a complete third party, so I think it's difficult for Samsung Electronics to solve this problem in a short period of time.