This tech company is set to overtake Nvidia as the world’s most profitable

KB Securities' compilation of Bloomberg consensus expects Samsung Electronics to post operating profit of KRW488 trillion (61.6% margin) in 2027, narrowly surpassing Nvidia's KRW485 trillion, while SK hynix is forecast at KRW358 trillion with a 79.6% margin. The projected memory-chip earnings boom should drive KOSPI operating profit to KRW792 trillion in 2026 (+165% YoY) and KRW1,044 trillion in 2027, prompting KB to set a 2026 KOSPI target of 7,500 (implied P/B 2.0x). The surge would boost corporate tax receipts and dollar inflows from planned domestic investments, helping stabilize KRW/USD. KB also flagged foreign selling earlier in 2026 but views the market as undervalued versus peers, implying upside for Korean equities as semiconductor earnings materialize. Overall market impact: large upside to Korean stocks, material fiscal benefits, and potential re-rating of KOSPI.