The analyst highlights SKM's strategic investment in Anthropic and its role as Anthropic's infrastructure partner, suggesting a bullish stance on SKM stock with a long-term horizon and notes the upcoming AI cloud with NVDA hardware.
SKM's CEO confirmed participation in Anthropic's Series H with no plans to sell; SKM is becoming Anthropic's infrastructure partner; valuation metrics and dividend yield suggest undervaluation compared to peers; AI cloud with NVDA hardware coming online in 2027.
Jensen Huang called $SKM the backbone of Korea's AI ecosystem. $SKM just bought more Anthropic in the Series H and has no intention of selling before the IPO. The CEO said it himself in Tokyo yesterday on June 10. That same week Anthropic pulled $SKM into Project Glasswing, the invite-only program for access to Claude Mythos Preview, a model so advanced Anthropic has not released it publicly over cybersecurity concerns. And buried in the Korean coverage, $SKM's CEO revealed Anthropic is actively seeking compute infrastructure and wants SKT to provide it. The $39 stock is not just an Anthropic proxy. It is becoming Anthropic's infrastructure partner. Gigawatt-scale AI Cloud with $NVDA coming online 2027. 4.4% dividend. 6.1x EV/EBITDA. Every Western telco peer clears 7.5x to 9x.
| Horizon | Raw move | vs SPY |
|---|---|---|
| 1 day | +0.2% | -0.4% |
| 1 week | +2.8% | +1.6% |
| 1 month | -0.7% | -2.2% |
| 3 months | — | — |
| 6 months | — | — |