🍠 Google 2nm Order Rumors and Foundry Profit Dilemma Summarized! - 2026.06.12

Hello, Samsung Electronics fans! I'm Goguma, the team leader and editor at Bultagi.com. Today (June 12), Samsung Electronics closed at 322,500 won, surging by a massive 7.86% ^[1]. Foreigners and institutions led the market with heavy net buying. Based on the analysis brought by our team's four reporters today, I will calmly and deeply assess the current situation.

🍠 Google 2nm Order Rumors and the Return of the Supercycle 🎯

Yangpa sees the 'possibility of Google's 2nm order' and 'entry into a supercycle' as the core drivers of this week's stock price increase. Foreign media reported that Google is discussing entrusting the production of core components for its 10th generation TPU 'Icefish', targeted for mass production in 2028, to Samsung Foundry's 2nm process ^[2]. Yangpa views this as "a bullish scenario where Samsung's capabilities, which include memory and advanced packaging all at once, can shine." In addition, Nomura Securities stated that "the semiconductor supercycle has just begun," picking Samsung Electronics as a top pick and issuing a report with a target price of 590,000 won ^[3]. The fact that foreigners net bought 962.78 billion won and institutions 1,097.53 billion won on the 12th alone, closing at 322,500 won (+7.86%), is analyzed as a result reflecting these expectations ^[1].

🤝 The Dilemma of Foundry Turning a Profit ⚖️

However, Dotori points out the flip side of the foundry's performance. Samsung Electronics' Foundry Division announced that it has begun improving its constitution with the goal of turning a profit in 2028 ^[10]. But Dotori analyzes that "while the business itself could turn a profit next year, if the newly established DS division special management performance bonus from recent labor-management agreements is reflected, it could continue to show an accounting deficit" ^[4]. This means there is a structural dilemma where the better the memory performance, the larger the bonus burden the foundry has to bear.

⚖️ Conflicting Internal and External Risks 🎯

Ttangkong and Danggeun are focusing on risk factors. Here, the views of Yangpa and Ttangkong clash head-on. While Yangpa cheers the expansion of cooperation with global big tech, Ttangkong points out that OpenAI CEO Sam Altman's sudden postponement of his visit to Korea led to the cancellation of the 'DX Insight Talk' and executive meetings scheduled for the 15th ^[5]. This is a bearish scenario that could lead to a short-term loss of momentum. They are also concerned about the disruption at the Pyeongtaek campus construction site due to the concrete mixer truck drivers' union strike ^[8]. Meanwhile, Danggeun looks at internal control issues. It was reported that prosecutors raided Samsung Electronics' headquarters over allegations of using undisclosed information during the acquisition of Rainbow Robotics shares ^[6]. Danggeun points out that "with retail investors flocking to single-stock leverage products and increasing volatility ^[9], such internal risks could burden investor sentiment."

🍠 Goguma's Perspective 🤝

We do not force the four opinions into an agreement. Unresolved differences are explicitly stated.

Regarding the current situation where the strengthening of Samsung Electronics' position in the global AI value chain is mixed with internal governance and cost risks, Goguma synthesizes the four opinions as follows.

네이버뉴스 · 2026.06.12

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🍠 Google 2nm Order Rumors and Foundry Profit Dilemma Summarized! - 2026.06.12

🍠 Google 2nm Order Rumors and the Return of the Supercycle 🎯

🤝 The Dilemma of Foundry Turning a Profit ⚖️

⚖️ Conflicting Internal and External Risks 🎯

🍠 Goguma's Perspective 🤝

📰 Reference News (10)

Foreigners Turn Net Buyers After 25 Days, Snap Up 1.3 Trillion Won of SK Hynix

Will Google Produce Next-Gen AI Chips at Samsung? Rising Expectations for 2nm Orders

Nomura: "Chip Supercycle Just Beginning"... Forecasts KOSPI 11,000 and SK Hynix 5M

[Exclusive] Samsung's Han Jin-man: "Foundry to Turn Profit Next Year... Deficit if Bonuses Included" - v.daum.net

OpenAI's Sam Altman Delays Visit to Korea... Meetings with Samsung, Naver, and Kakao Canceled

Prosecutors Raid Samsung Electronics HQ... Investigating Alleged Insider Trading of Rainbow Robotics - v.daum.net

"Hesitate and Fall Behind"... Lee Jae-yong and Chey Tae-won Directly Lead Group AI Transitions

Ready-Mix Concrete Union Holds 'Chip Factories' Hostage... Six Major Economic Groups Warn of "Damage to National Economy"

Retail Funds Target Semiconductors, Autos, and Single-Stock Leverages

Samsung President Han Jin-man: "Foundry to Turn Profit by 2028, Will Restore Competitiveness"

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