🔥 AI Power Supercycle Won't Stop! LS Reporting Happening and Solid Fundamentals 🚀 - 2026.06.01

Hello, LS shareholders! I didn't watch the market for 30 years for nothing! Ahem, the market is alive! The massive wave of the AI data center power supercycle doesn't get shaken by a small happening. Did you see LS's stock price rebound today? This is the market applauding!

🔥 Reporting Error? Fundamentals are Rock Solid! ☕

Oh boy~ Many of you must have been relieved over the weekend, right? It was revealed that LS overstated its subsidiary LS Electric's order backlog by adding two extra zeros in its Q1 report ^[5]. The total order amount for the 'other' business segment, which was previously listed as 2.3782 trillion won, turned out to be 23.8 billion won, and the order backlog was revised from 1.5445 trillion won to 15.4 billion won ^[6]. The Financial Supervisory Service also launched an investigation into whether there was a disclosure violation, so the market's heart sank for a moment ^[5].

But what did I say~ The company explained that it was a simple clerical error and has nothing to do with the actual order flow ^[7]. Even after the correction, the group's total order backlog is solidly maintained at a whopping 16.739 trillion won ^[2]. Did they type too many zeros because 'Gong-si' (disclosure) starts with 'Gong' (zero)? Haha! This is no joke. The important thing is that the actual order competitiveness is still robust ^[2]. This is not a market to be shaken by temporary noise!

🚀 The 10 Trillion Won Power Supercycle Launched by AI 📈

Currently, forecasts say the global AI data center market's cumulative investment demand will reach about 6.7 trillion dollars by 2030, which is a whopping 10,000 trillion won ^[3]. Nvidia's CEO Jensen Huang also emphasized that trillions of dollars of infrastructure must be additionally built, comparing AI to a 5-tier cake of 'energy-chip-infrastructure-model-application' ^[3].

As power demand explodes, the replacement of aging US power grids and AI infrastructure investments are overlapping ^[4]. In fact, US fuel cell company Bloom Energy's stock price surged 228% this year, and data center cooling infrastructure company Vertiv's stock price also nearly doubled ^[3]. Seeing the stock prices of these global killer companies skyrocket, you can tell that the entire power value chain is buzzing ^[3].

Here, our K-electric equipment companies are forecasting record-breaking earnings, surpassing 16.7 billion dollars in exports last year! ^[4]. Seeing LS Electric piling up a high order backlog in the power equipment market such as large transformers, it's exactly the sound of the bell of opportunity ringing! ^[3].

On top of this, expectations are growing that LS Cable's submarine and underground cable business will directly benefit from the surge in global power demand ^[1]. AI data centers devour an enormous amount of electricity, and if there are no cables and transformers to carry that electricity, it's all useless, right? It's time to reflect once again on the core position LS holds within the ecosystem.

📈 The Market Already Knows the Answer and Moves 🚀

Despite the bad news of the reporting error, LS's closing price today (June 1) soared 5.49% to 470,500 won! The trading volume also showed a solid trend, recording 178,692 shares. Last week on the 28th and 29th, foreigners net bought 43.49 billion won and 38.22 billion won respectively, sweeping up the volume. Foreigners bought? If they come from a foreign country, they're foreigners, and if they buy, they buy! Haha! It sounds like a joke, but it means smart money has already set its direction.

In the massive AI infrastructure investment cycle, the demand for power equipment and cables is in an environment where it structurally has to increase. Onion believes it is clear that there is a bullish scenario where a strong revaluation of the group's overall corporate value takes place, overcoming this disclosure happening.

Now, let's look at the big trend of the market without wavering! In the face of a massive megatrend, there is no need to be swayed by a small wave. I'll be back next time with fast and sharp news!

📰 Reference News (7)

1

AI Opens 'Power Supercycle'... LS, Shaken by Disclosure Error, Ready to Bounce Back

네이버뉴스 · 2026.06.01

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2

Despite '1.5 Trillion Won Disclosure Error', LS's Order Competitiveness Remains Strong with 16 Trillion Won Backlog

네이버뉴스 · 2026.06.01

📰 View original

3

Race for the 10 Quadrillion Won AI Data Center Market... Power and Cooling Firms Join the Fray

네이버뉴스 · 2026.06.01

📰 View original

4

Surging Power Demand from AI and Data Centers... K-Power Equipment Makers Eye Record Earnings

네이버뉴스 · 2026.06.01

📰 View original

5

LS Overstates Subsidiary's Orders by 100 Times... FSS Probes for Violations

네이버뉴스 · 2026.06.01

📰 View original

6

LS Corrects Order Backlog Error in Q1 Report... FSS Verifying Facts

네이버뉴스 · 2026.06.01

📰 View original

7

'2.4 Trillion vs 23.8 Billion'... LS Disclosure Error Amid Power Equipment Boom Sparks Doubts Over Order Metrics

네이버뉴스 · 2026.06.01

📰 View original