Launch of the 11 P/E Stock! Google TPUs and Rising DRAM Prices Are New Catalysts!
I expect the Samsung stock to rally further above 2,000 euros. A profit surprise should be on the cards in the next few quarters!
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I expect the stock of Samsung Electronics to rise further above 2,000 euros, marking a successful breakout from the correction since 2021. The company is finally riding the success wave of the AI age. And since the valuation at an 11 P/E ratio for 2026 is far from expensive, I am bullish. Two developments in particular give me confidence. 1. Samsung stands to benefit from the success of Google's TPUs, with which Gemini 3 was trained. Other hyperscalers like Meta may be inquiring about them, which could increase demand from 1.5 to 2 million units...
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