Mizuho Raises Broadcom Price Target to $450 on Surging AI Chip Demand 
FAA Unveils Flight Plan 2026 to Strengthen Aviation Safety and Workforce Development 
EU Court Cuts Intel Antitrust Fine to €237 Million Amid Long-Running AMD Dispute 
FDA Says No Black Box Warning Planned for COVID-19 Vaccines Despite Safety Debate 
SoftBank Shares Slide as Oracle’s AI Spending Plans Fuel Market Jitters 
Nomura Expands Alternative Assets Strategy With Focus on Private Debt Acquisitions 
Korea Zinc to Build $7.4 Billion Critical Minerals Refinery in Tennessee With U.S. Government Backing 
U.S. Greenlights Nvidia H200 Chip Exports to China With 25% Fee 
SpaceX Edges Toward Landmark IPO as Elon Musk Confirms Plans 
United Airlines Flight to Tokyo Returns to Dulles After Engine Failure During Takeoff 
SpaceX Insider Share Sale Values Company Near $800 Billion Amid IPO Speculation 
Korea Zinc Plans $6.78 Billion U.S. Smelter Investment With Government Partnership 
Woolworths Faces Fresh Class Action Over Alleged Underpayments, Shares Slide 
Adobe Strengthens AI Strategy Ahead of Q4 Earnings, Says Stifel 
Apple App Store Injunction Largely Upheld as Appeals Court Rules on Epic Games Case 
Trump Signs Executive Order to Establish National AI Regulation Standard 
Samsung Electronics and SK hynix are expected to benefit from the U.S. government's plan to tighten regulations on Chinese legacy chips. The move aims to prohibit American defense companies from importing semiconductors from China. Securities analysts have predicted this development.
U.S. Department of Commerce Launches Survey
Last Thursday, the U.S. Department of Commerce announced its intention to conduct a survey in January. Korea Times reported that the survey will identify how American companies in critical industries source chips from China, specifically those with a size of 28 nanometers or larger.
According to the Korea Herald, The department aims to mitigate national security risks associated with China.
The upcoming measure is seen as a preemptive attempt to prevent Chinese firms from dominating the U.S. semiconductor market. This follows their success in the American steelmaking and solar power sectors.
The Korean government is monitoring the potential impacts of the U.S. restriction on domestic companies. The Ministry of Trade, Industry, and Energy stated that they have strengthened cooperation with the U.S. and other major countries, to stabilize the semiconductor supply chain.
Positive Outlook for Samsung and SK
Market observers anticipate that the U.S. restrictions will primarily affect the exports of Chinese chipmakers. On the other hand, Samsung and SK hynix are expected to benefit from increased sales of their stocks of legacy DRAMs and NAND flash chips.
Kim Dong-won, an analyst at KB Securities, predicts that American companies will reduce their reliance on Chinese products to avoid regulatory uncertainties. The forthcoming U.S. measure is believed to target YMTC, CXMT, and SMIC, potentially exempting Chinese Samsung and SK hynix factories.
The forthcoming regulation aims to restrict YMTC's share in the U.S. NAND flash market. This move is expected to contribute to the growth of Samsung and SK's NAND businesses during the second half of next year.
China's foreign ministry spokesman, Wang Wenbing, expressed criticism towards the U.S., accusing it of "weaponizing" trade issues. China urges the U.S. to respect international trade regulations.
Photo: SK Hynix Newsroom
