006400.KS is trading 5.8% up today at $481,500, recovering from a multi-day decline triggered by Samsung Group’s 1,000 trillion won ($648 billion) decade-long investment strategy.
- The stock hit a low of $455,000 last week as markets initially reacted negatively to the massive capex requirements for AI, batteries, and displays.
- Investors appear to be reassessing the long-term growth implications of the investment plan for Samsung SDI’s battery and Energy Storage System (ESS) business units.