Samsung Electronics target price raised to 320,000 won... foundry business outlook improved

Nomura Securities announced on the 18th that the target stock price for Samsung Electronics has been raised from 290,000 KRW to 320,000 KRW. This is a revision following a previous increase from 220,000 KRW to 290,000 KRW a month ago.

The main reasons for this target price adjustment are the expected strengthening of memory prices in Q2 2026 and improvements in the foundry industry. The foundry sector involves manufacturing semiconductor designs on behalf of clients, with Samsung playing a significant role in this market. Nomura Securities particularly predicts that the announcement of NVIDIA’s next-generation AI chips will create new foundry opportunities for Samsung Electronics.

NVIDIA CEO Jensen Huang recently revealed in a keynote speech that Samsung Electronics is manufacturing a new language processing chip called “Groq3.” He also expressed gratitude for Samsung’s rapid production increase and added that he looks forward to the success of this partnership.

Although Samsung Electronics already holds a strong position in the market, such additional technological collaborations seem to further expand the company’s growth potential. Rising memory prices and emerging foundry business opportunities will help Samsung Electronics further solidify its global market position.

This trend is likely to change the competitive landscape of the global semiconductor market in the future and move toward strengthening Samsung Electronics’ market dominance. Investors are closely watching these market developments and expect future stock price increases.