[Featured Stock] Eoboseu Semiconductor Surges for Second Day... Up 16%

Shares of small and medium-sized semiconductor companies such as Eoboveu Semiconductor and Jeju Semiconductor are on the rise. This appears to be driven by the government's push for semiconductor-related legislation.

As of 9:26 a.m. on the 14th, Eoboveu Semiconductor's stock price rose 1734% compared to the previous day, reaching 15,290 won. Jeju Semiconductor also showed an increase of over 9% at the same time.

The National Policy Council, which includes the government and ruling and opposition parties, is scheduled to hold its first meeting on the 20th to discuss special provisions for exceptions to the 52-hour workweek under the Semiconductor Special Act, which is seen as a positive factor.

Additionally, news that the government will support a project to develop domestically produced artificial intelligence (AI) semiconductors with a 1 trillion won investment also contributed to the buying momentum.

According to the industry, the Ministry of Trade, Industry and Energy plans to collect demand from companies by this week through the 'K-On Device AI Semiconductor (tentative name)' project and select a representative private company in May.