[Edaily Reporter kyoungeun kim ] Three power equipment companies are all trading higher amid expectations that they will benefit from the government’s project to build an artificial intelligence (AI) ecosystem.
According to MP Doctor, as of 9:10 a.m. on the 1st, HD HYUNDAI ELECTRIC(267260)is trading at 1,047,000 won, up 75,000 won (7.72%) from the previous day, while HYOSUNG HEAVY INDUSTRIES(298040)is trading at 3,711,000 won, up 273,000 won (7.94%) from the previous day. LS ELECTRIC(010120)is currently trading at 262,000 won, up 24,000 won (10.08%) from the previous day.
The government held a “Public Briefing on the Three Major Mega Projects for Korea’s Great Leap Forward” and identified semiconductors, AI data centers, and physical AI as the nation’s core growth pillars, which has stimulated investor sentiment and led to a sustained surge in stock prices.
Samsung Group has decided to invest a total of 2,655 trillion won—including 2,030 trillion won in the Pyeongtaek and Yongin semiconductor clusters and 625 trillion won in the Honam, Chungcheong, and Yeongnam regions—while SK Group has also announced an investment plan totaling 2,100 trillion won to expand AI data centers and semiconductor supply.
Since a stable power supply is considered a key operational requirement for both semiconductor factories and AI data centers, expectations are rising for increased demand for power infrastructure equipment, such as substations and power transmission and distribution equipment. As of the first quarter of this year, the combined order backlog of the three major power equipment companies has exceeded 32 trillion won.
Since the power supply system is the first aspect considered during the initial stages of building semiconductor clusters and AI data centers, this is interpreted as driving strong buying interest.