[Edaily Reporter Kim Kyung-eun] #Samsung Electro-Mechanics is on the rise, buoyed by sustained buying from foreign investors and momentum driven by a shortage of MLCCs (multi-layer ceramic capacitors).
As of 2:10 p.m. on the 18th, Samsung Electro-Mechanics is trading at 2.21 million won, up 178,000 won (8.76%) from the previous day. It rose as high as 2.277 million won during the session, setting a new 52-week high.
Foreign investors have been net buyers of Samsung Electro-Mechanics for five consecutive trading days through yesterday, accumulating a total of 1,089,800 shares (preliminary).
Analysts say the stock price is being driven up by concerns that MLCC supply-demand imbalances are worsening faster than expected. Yang Seung-soo, an analyst at Meritz Securities, said, “Along with expanding demand for AI (artificial intelligence) infrastructure, the supply shortage of ‘47uF MLCCs’—used in AI servers—is intensifying,” adding, “These supply-demand pressures are spreading faster than expected to other high-capacity MLCCs used in smartphones and PCs.”
MLCC-related stocks are also rising in tandem. As of this writing, Samhwa Capacitor and Hanul Semiconductor are trading at their daily price limits.