[Featured Stock] Jostem Expected to Gain Order Momentum Due to Power Demand, Up 4%

Jeostem's stock price is on the rise. The expectation of order momentum due to strong demand for AI server power appears to be influencing the stock price.

As of 9:55 a.m. on the 27th, Jeostem is trading at 13,160 KRW, up 4.69% from the previous day.

Minjung Kwak, a researcher at Hyundai Motor Securities, explained, "Additional order increases are expected due to expanded capital expenditures (CAPEX) for advanced process equipment of high-bandwidth memory (HBM) by overseas semiconductor clients in the future," adding, "There is also an expectation of benefits from the recent expansion of solar power supply in the U.S. and the domestic clients' increased entry into the solar market."

Researcher Kwak also pointed out that large-scale new power demand is being generated for AI servers. He said, "The peak power of Nvidia H100 is 700 watts, which is about 2.5 times the peak power consumption of 280 watts for existing server processors from Intel and AMD," and predicted, "Since companies like Microsoft and Meta use most of their power from renewable energy, demand for renewable energy such as solar power will surge." He added, "Order momentum is expected to fully materialize due to strong power demand for AI servers."