More people are looking at a memory upcycle lasting at least until 2030 (IBK)

Kim Woon-ho from IBK is an experienced semiconductor analyst, and he's saying the cycle will last at least until 2030. The report title itself is quite bold: "Still Talking About Cycles." If it's true that the upcycle will continue for another five years, Samsung Electronics' stock price is incredibly cheap even from a PBR perspective, without even needing a PER re-rating. If we wait, the market will eventually reflect this.