Business · Markets · 3 hrs ago

Analyst forecasts rise for three South Korean semiconductor suppliers

Analyst forecasts rise for three South Korean semiconductor suppliers

Forecasts and target prices have been raised for South Korean semiconductor suppliers PSK Holdings, Doosan Tesna and HPSP.

The companies make materials, parts or equipment used in the semiconductor industry.

The changes come as major chipmakers expand investment and demand for AI chips increases.

Samsung Electronics and SK Hynix shares have already risen substantially, while the companies continue investing.

This has drawn more attention to suppliers that support chip production.

The article does not say what the companies’ future performance will be or identify any specific next steps.

Sources

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