[Market Focus] EO Technics Jumps Over 10% on HBM-Related Hopes

On the morning of July 10, EO Technics saw its shares surge by over 10% in early trading.

As of 9:30 a.m. on this day, EO Technics was trading at 204,000 won, up 10.21% (18,900 won) from the previous trading day.

This rise in share price is closely linked to the strong performance of semiconductor giant Nvidia, which surpassed a $4 trillion market capitalization during intraday trading on the New York Stock Exchange on July 9 (local time).

EO Technics is a manufacturer of laser marking and laser cutting equipment. Notably, the company holds a significant global market share of around 60% in the laser marking sector.

In particular, laser equipment is also used in HBM, and as Nvidia's shares rallied, investor sentiment gathered around EO Technics on expectations that the company would benefit from related demand.