Initial Thoughts on the OpenAI IPO and the Key Korean Stocks to Benefit from the OpenAI IPO

• I discuss my initial thoughts on the OpenAI IPO (expected to be completed in 2H26) as well as provide key Korean stocks that could outperform and benefit from this IPO.

• OpenAI is expected to raise about $60 billion to $75 billion in this IPO, at a valuation of $1 trillion or more.

• Samsung SDS and LG CNS are two of the key beneficiaries in the Korean stock market of the OpenAI IPO.