Yuanta Securities: Accelerator Market > Nvidia continues to hold leadership in shipment volume, with nearly 15 million units in 2027F. Google a close 2nd. > Nvidia's accelerator market share in terms of shipment volume expected to be 54% in 2026F, before dropping 41% in 2027F as non-Nvidia chips ramp in higher volume. $NVDA $AMZN $GOOGL $META $MSFT $AMD

Yuanta Securities raises Samsung Electronics target 530,000 → 630,000 won on prolonged memory upcycle (Sept 23, 2026) Yuanta Securities researcher Baek Gil-hyun raises Samsung target price from 530,000 won to 630,000 won, Buy maintained; Q3 estimates: operating profit 99.86T won (+720.8% YoY, +11.6% QoQ), revenue 212.19T won (+146.6% YoY); Device Solutions division operating profit ~100T won in Q3; DRAM ASP +18% and NAND ASP +16% QoQ on full-scale HBM4 sales. What happened: Yuanta says tight memory supply and demand will persist into 2027 and 2028, as HBM production keeps eroding general-purpose DRAM capacity while AI inference spreads demand for high-capacity memory. Baek also flagged possible increased shareholder returns as the upcycle lengthens, arguing free cash flow could structurally expand and "concerns about peak-out adjustments present a buying opportunity." Why it matters: this is a sell-side name extending the memory upcycle call a full two years further out — if DRAM and NAND pricing stays tight through 2028, the whole memory chain's earnings power gets repriced higher.