[Special Stock] Samsung SDS Rises on High Growth Expectations for Cloud with Generative AI

Samsung SDS's stock price is showing strength. The expectation that cloud business sales will experience high growth due to the generative artificial intelligence (AI) effect appears to be influencing the stock price.

At 9:42 a.m. on the 30th, Samsung SDS was trading at 160,300 KRW, up 4.16% from the previous day.

Hyundai Motor Securities analyst Kim Hyun-yong said, "Despite increased investment in generative AI, IT margins are expected to record double-digit operating profit growth at around 11%. High growth in the cloud business will be primarily driven by the full-scale commercialization of generative AI sales, with MSP (Fabric-based) and CSP (GPUaaS sales) leading the growth."

He added, "The National Information Resources Service Daegu Center is scheduled to open next month as planned, allowing a total of three companies, including Samsung SDS, to operate as public-private partnership cloud tenants and conduct public cloud business. This will serve as an important reference for expanding public and financial cloud businesses."