Having lagged key peer Hynix and other AI plays this year, the Samsung rally still has legs, particularly with the stock still priced very reasonably at ~1.4x book.

Source: https://seekingalpha.com/article/4614309-samsung-electronics-coming-out-memory-driven-doldrums?source=feed_all_articles

In terms of market share, the DRAM market consists of 3 leading large players which are Samsung, SK Hynix and Micron which cumulatively account for over 95% of the DRAM market.

Source: https://seekingalpha.com/article/4634842-micron-10-percent-revenue-bite-from-china-ban?source=feed_all_articles

SEOUL (Reuters) – Criteria to qualify for new U.S. semiconductor subsidies could be “burdensome” for companies such as Samsung Electronics Co Ltd and SK Hynix Inc, South Korea’s trade minister said on Thursday.

Source: https://forextv.com/crypto-currency-news/us-chip-subsidy-criteria-could-be-a-burden-says-south-korea/

South Korean President Yoon Suk Yeol also said last month that the criteria are worrying companies like Samsung Electronics Co Ltd (005930.KS) and SK Hynix Inc (000660.KS).

Source: https://thefrontierpost.com/tsmc-talking-to-us-about-chips-act-guidance-amid-subsidy-concerns/