{"id":66,"date":"2025-11-16T08:37:38","date_gmt":"2025-11-16T08:37:38","guid":{"rendered":"http:\/\/40.233.122.247\/?p=66"},"modified":"2025-11-16T08:37:38","modified_gmt":"2025-11-16T08:37:38","slug":"%ec%9b%90%ed%99%94-%ec%95%bd%ec%84%b8%ec%99%80-%ec%bd%94%ec%8a%a4%ed%94%bc-%ea%b3%a0%ea%b3%b5%ed%96%89%ec%a7%84%ec%9d%98-%ec%97%ad%ec%84%a4-2025%eb%85%84-11%ec%9b%94-%ed%98%84%ec%9e%ac-%ed%88%ac","status":"publish","type":"post","link":"https:\/\/wecansurvive.ca\/?p=66","title":{"rendered":"\uc6d0\ud654 \uc57d\uc138\uc640 \ucf54\uc2a4\ud53c \uace0\uacf5\ud589\uc9c4\uc758 \uc5ed\uc124 &#8211; 2025\ub144 11\uc6d4 \ud604\uc7ac \ud22c\uc790 \uc804\ub7b5"},"content":{"rendered":"<p>                    <!-- System - START --><\/p>\n<p>        <!-- System - END --><\/p>\n<div class=\"tt_article_useless_p_margin contents_style\">\n<p><figure class=\"imageblock alignCenter\"><span><img decoding=\"async\" src=\"https:\/\/wecansurvive.ca\/wp-content\/uploads\/migrated\/71cbce5428333b24.jpg\" srcset=\"https:\/\/img1.daumcdn.net\/thumb\/R1280x0\/?scode=mtistory2&#038;fname=https%3A%2F%2Fblog.kakaocdn.net%2Fdna%2FsgEVx%2FdJMcaihoj2m%2FAAAAAAAAAAAAAAAAAAAAABilfLxZXm3cXlsuXCOPjzRFz791jUyFqeHZNk1DDLBX%2Fimg.jpg%3Fcredential%3DyqXZFxpELC7KVnFOS48ylbz2pIh7yKj8%26expires%3D1782831599%26allow_ip%3D%26allow_referer%3D%26signature%3DLG9zQuuth8l%252BhvB4L1NhjMwod2w%253D\" onerror=\"this.onerror=null; this.src='\/\/t1.daumcdn.net\/tistory_admin\/static\/images\/no-image-v1.png'; this.srcset='\/\/t1.daumcdn.net\/tistory_admin\/static\/images\/no-image-v1.png';\" alt=\"\uc6d0\ud654 \uc57d\uc138\uc640 \ucf54\uc2a4\ud53c \uace0\uacf5\ud589\uc9c4\uc758 \uc5ed\uc124 - 2025\ub144 11\uc6d4 \ud604\uc7ac \ud22c\uc790 \uc804\ub7b5\" loading=\"lazy\" width=\"800\" height=\"450\"\/><\/span><\/figure>\n<\/p>\n<h2 style=\"color: #000000; text-align: start;\">\ub4e4\uc5b4\uac00\uba70<\/h2>\n<div style=\"color: #000000; text-align: start;\">\uc6d0\ud654 \uac00\uce58\ub294 1,470\uc6d0\ub300\uae4c\uc9c0 \uae09\ub4f1\ud588\uace0, \ucf54\uc2a4\ud53c\ub294 4000\uc120\uc744 \uaca8\uc6b0 \uc9c0\ud0a4\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc678\uad6d\uc778\uc740 \ud558\ub8e8\uc5d0\ub9cc 2\uc870\uc6d0\uc529 \ube60\uc838\ub098\uac00\uace0 \uac1c\uc778\ub4e4\uc774 \ubc1b\uc544\uba39\ub294 \uc0c1\ud669\uc785\ub2c8\ub2e4. \uc774\uac74 \ud3ed\ub77d\uc758 \uc804\uc870\uc77c\uae4c\uc694, \uc544\ub2c8\uba74 \uae30\ud68c\uc77c\uae4c\uc694? \uc775\uc808\ud55c \ud604\uae08\uc744 \ub4e4\uace0 \uc788\ub2e4\uba74 \uc9c0\uae08 \ubb34\uc5c7\uc744 \ud574\uc57c \ud560\uae4c\uc694?<\/div>\n<div style=\"color: #000000; text-align: start;\">\uc548\ub155\ud558\uc138\uc694, \uce94\uc11c\ubc29\uc785\ub2c8\ub2e4. \uc624\ub298\uc740 \uc6d0\ud654 \uc57d\uc138\uc640 \ucf54\uc2a4\ud53c \uc870\uc815\uc774\ub77c\ub294 \ubd88\uc548\ud55c \uc0c1\ud669 \uc18d\uc5d0\uc11c \uc5b4\ub5a4 \ud22c\uc790 \uc804\ub7b5\uc744 \uc138\uc6cc\uc57c \ud558\ub294\uc9c0, \uc81c\uac00 \uacf5\ubd80\ud55c \ub0b4\uc6a9\uc744 \ub098\ub215\ub2c8\ub2e4.<\/div>\n<blockquote style=\"color: #000000; text-align: start;\">\n<div><b>TL;DR (3\uc904 \uc694\uc57d)<\/b><\/div>\n<ul style=\"list-style-type: disc;\">\n<li>\ucf54\uc2a4\ud53c 4,011\uae4c\uc9c0 \uc870\uc815, \uc678\uad6d\uc778 13\uac70\ub798\uc77c \uc5f0\uc18d \ub9e4\ub3c4 \uc911 &rarr; \ucd94\uac00 \ud558\ub77d \uac00\ub2a5\uc131 \ub192\uc74c<\/li>\n<li>\ud604\uae08\uc744 4\ubc88\uc5d0 \ub098\ub220 \ubd84\ud560 \ub9e4\uc218: \ub2e4\uc74c\uc8fc 4,000\uc120\uc5d0\uc11c 1\ucc28(30%), 3,900\uc120\uc5d0\uc11c 2\ucc28(30%), 3,800\uc120\uc5d0\uc11c 3\ucc28(30%), \ube44\uc0c1\uae08(10%)<\/li>\n<li>\uc0bc\uc131\uc804\uc790\uc640 SK\ud558\uc774\ub2c9\uc2a4 \ube44\uc728\uc740 5:5 \uade0\ud615\ud615 \ucd94\ucc9c, \uc190\uc808\ub77c\uc778 -15% \ud544\uc218 \uc124\uc815<\/li>\n<\/ul>\n<\/blockquote>\n<div style=\"color: #000000; text-align: start;\">\n<hr \/>\n<\/div>\n<h2 style=\"color: #000000; text-align: start;\">\ud83d\udd0d \ud604\uc7ac \uc0c1\ud669 \ubd84\uc11d (2025\ub144 11\uc6d4 15\uc77c \uae30\uc900)<\/h2>\n<h3 style=\"color: #000000; text-align: start;\">\uc6d0\ud654 \uc57d\uc138 \uc2ec\ud654<\/h3>\n<div style=\"color: #000000; text-align: start;\">11\uc6d4 14\uc77c \uc7a5\uc911 \uc6d0\ub2ec\ub7ec \ud658\uc728\uc774&nbsp;<b>1,470\uc6d0\uc120\uc744 \ub3cc\ud30c<\/b>\ud558\uc790 \uc815\ubd80\uac00 \uad6c\ub450\uac1c\uc785\uc5d0 \ub098\uc130\uc2b5\ub2c8\ub2e4. 11\uc6d4 13\uc77c \uae30\uc900&nbsp;<b>1,469.7\uc6d0<\/b>\uc744 \uae30\ub85d\ud588\uc73c\uba70, \uc9c0\ub09c 4\uc6d4 \uc774\ud6c4&nbsp;<b>\uc57d 7\uac1c\uc6d4 \ub9cc\uc5d0 \ucd5c\uace0\uce58<\/b>\uc785\ub2c8\ub2e4. 11\uc6d4 \ud55c \ub2ec\uac04\ub9cc \uc6d0\ud654\uac00 \uc57d 2.86% \uc57d\uc138\ub97c \ubcf4\uc600\uc2b5\ub2c8\ub2e4.<\/div>\n<h3 style=\"color: #000000; text-align: start;\">\ucf54\uc2a4\ud53c \ub3d9\ud5a5 &#8211; \uc870\uc815 \uad6d\uba74 \uc9c4\uc785<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>\ucd5c\uadfc 2\uc8fc\uac04\uc758 \ub864\ub7ec\ucf54\uc2a4\ud130:<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li><b>11\uc6d4 3\uc77c<\/b>: \uc0ac\uc0c1 \ucc98\uc74c 4,000\uc120 \ub3cc\ud30c<\/li>\n<li><b>11\uc6d4 5\uc77c<\/b>: 4,000\uc120 \ubd95\uad34, 3,900\uc120\uae4c\uc9c0 \uae09\ub77d (\uc0ac\uc774\ub4dc\uce74 \ubc1c\ub3d9)<\/li>\n<li><b>11\uc6d4 12\uc77c<\/b>: \ubc18\ub4f1\ud558\uc5ec 4,150\ud3ec\uc778\ud2b8 \ud68c\ubcf5 (+1.07%)<\/li>\n<li><b>11\uc6d4 14\uc77c<\/b>: \ub2e4\uc2dc \uae09\ub77d&nbsp;<b>4,011.57<\/b>&nbsp;(-3.81%) &larr;&nbsp;<b>\ud604\uc7ac<\/b><\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">10\uc6d4 \ud55c \ub2ec\uac04 19.94% \uc0c1\uc2b9\ud558\uba70&nbsp;<b>2001\ub144 11\uc6d4 \uc774\ud6c4 24\ub144 \ub9cc\uc758 \ucd5c\uace0 \uc6d4\uac04 \uc218\uc775\ub960<\/b>\uc744 \uae30\ub85d\ud588\uc73c\ub098, 11\uc6d4 \ub4e4\uc5b4 \ubcc0\ub3d9\uc131\uc774 \uadf9\uc2ec\ud569\ub2c8\ub2e4.<\/div>\n<h3 style=\"color: #000000; text-align: start;\">\uc678\uad6d\uc778 vs \uac1c\uc778 &#8211; \uaca9\ub82c\ud55c \ub300\uacb0<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>\uc5ec\uae30\uac00 \ud575\uc2ec\uc785\ub2c8\ub2e4.<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li><b>11\uc6d4 3~7\uc77c<\/b>: \uc678\uad6d\uc778&nbsp;<b>7\uc870 2,640\uc5b5\uc6d0 \uc21c\ub9e4\ub3c4<\/b>&nbsp;(\uc8fc\uac04 \uae30\uc900 \uc5ed\ub300 \ucd5c\uace0)<\/li>\n<li><b>11\uc6d4 14\uc77c<\/b>: \uc678\uad6d\uc778&nbsp;<b>2\uc870\uc6d0 \uc774\uc0c1 \uc21c\ub9e4\ub3c4<\/b>, \uac1c\uc778\uc740 3\uc870\uc6d0\ub300 \uc21c\ub9e4\uc218<\/li>\n<li><b>\uacb0\uacfc<\/b>: &#8220;\uc678\uad6d\uc778\uc774 \ube60\uc9c0\uace0 \uac1c\ubbf8\uac00 \ubc1b\uc544\uba39\ub294&#8221; \uad6c\ub3c4\uac00 2\uc8fc\uc9f8 \uc9c0\uc18d<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\uc678\uad6d\uc778\uc740&nbsp;<b>13\uac70\ub798\uc77c \uc5f0\uc18d \ub9e4\ub3c4\uc138<\/b>\ub97c \uc774\uc5b4\uac00\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/div>\n<div style=\"color: #000000; text-align: start;\">\n<hr \/>\n<\/div>\n<h2 style=\"color: #000000; text-align: start;\">\ud83d\udca1 \uc65c \uc774\ub7f0 \uc5ed\uc124\uc774 \uc0dd\uacbc\uc744\uae4c?<\/h2>\n<h3 style=\"color: #000000; text-align: start;\">1. \uc218\ucd9c\uae30\uc5c5\uc5d0\ub294 \ud658\uc728 \uc0c1\uc2b9\uc774 \ud638\uc7ac<\/h3>\n<div style=\"color: #000000; text-align: start;\">\uc6d0\ud654 \uc57d\uc138\ub294 \uc218\ucd9c \ube44\uc911\uc774 \ub192\uc740&nbsp;<b>\ubc18\ub3c4\uccb4, \uc790\ub3d9\ucc28, \uc870\uc120<\/b>&nbsp;\uc5c5\uc885\uc5d0 \uae0d\uc815\uc801\uc73c\ub85c \uc791\uc6a9\ud569\ub2c8\ub2e4. \ub2ec\ub7ec\ub85c \ubc1b\uc740 \uc218\ucd9c \ub300\uae08\uc744 \uc6d0\ud654\ub85c \ud658\uc804\ud560 \ub54c \ub354 \ub9ce\uc740 \uae08\uc561\uc744 \ubc1b\uac8c \ub418\uace0, \ud574\uc678 \uc2dc\uc7a5\uc5d0\uc11c \uac00\uaca9 \uacbd\uc7c1\ub825\ub3c4 \ub192\uc544\uc9d1\ub2c8\ub2e4.<\/div>\n<h3 style=\"color: #000000; text-align: start;\">2. \ubc18\ub3c4\uccb4 \uc288\ud37c\uc0ac\uc774\ud074<\/h3>\n<div style=\"color: #000000; text-align: start;\">10\uc6d4 \ud55c \ub2ec\uac04&nbsp;<b>\uc0bc\uc131\uc804\uc790\ub294 28.13%, SK\ud558\uc774\ub2c9\uc2a4\ub294 60.86% \uc0c1\uc2b9<\/b>\ud588\uc2b5\ub2c8\ub2e4. AI \ubc18\ub3c4\uccb4 \uc218\uc694 \uae09\uc99d\uc73c\ub85c \uc778\ud55c HBM \uc288\ud37c\uc0ac\uc774\ud074\uc774 \uc9c0\uc218 \uc0c1\uc2b9\uc744 \uc8fc\ub3c4\ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/div>\n<h3 style=\"color: #000000; text-align: start;\">3. \uc678\uad6d\uc778\uc740 \ud658\ucc28\uc190 \uc6b0\ub824\ub85c \ub9e4\ub3c4<\/h3>\n<div style=\"color: #000000; text-align: start;\">\ud658\uc728\uc774 \uae09\ub4f1\ud558\uba74\uc11c \uc678\uad6d\uc778 \uc790\uae08 \uc774\ud0c8 \uc18d\ub3c4\uac00 \ube68\ub77c\uc84c\uc2b5\ub2c8\ub2e4. \uc6d0\ud654\ub85c \ud658\uc804\ud574 \uad6d\ub0b4 \uc8fc\uc2dd\uc744 \ub9e4\uc218\ud560 \uacbd\uc6b0 \ud658\ucc28\uc190\uc744 \ubcfc \uc6b0\ub824\uac00 \ud06c\uae30 \ub54c\ubb38\uc785\ub2c8\ub2e4.<\/div>\n<div style=\"color: #000000; text-align: start;\">\n<hr \/>\n<\/div>\n<h2 style=\"color: #000000; text-align: start;\">\ud83d\udcc9 \ub2e8\uae30 \uc870\uc815 \uac00\ub2a5\uc131\uacfc \ud3ed<\/h2>\n<h3 style=\"color: #000000; text-align: start;\">\ucd5c\uadfc \uc870\uc815 \uc0ac\ub840 &#8211; \ub450 \ucc28\ub840\uc758 \ud070 \ud3ed\ub77d<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>11\uc6d4 5\uc77c (1\ucc28 \ud3ed\ub77d)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ucf54\uc2a4\ud53c\uac00 \uc7a5 \ucd08\ubc18&nbsp;<b>4% \ub118\uac8c \uae09\ub77d<\/b><\/li>\n<li><b>4,000\uc120 \ubd95\uad34<\/b>, \ud55c\ub54c&nbsp;<b>3,900\uc120<\/b>&nbsp;\uc544\ub798\ub85c \ud558\ub77d<\/li>\n<li>\uc624\uc804 9\uc2dc 46\ubd84&nbsp;<b>\ub9e4\ub3c4 \uc0ac\uc774\ub4dc\uce74 \ubc1c\ub3d9<\/b>&nbsp;(7\uac1c\uc6d4 \ub9cc)<\/li>\n<li>\uc0bc\uc131\uc804\uc790 7.15% \ud558\ub77d, SK\ud558\uc774\ub2c9\uc2a4 7.68% \ud558\ub77d<\/li>\n<li>\uc774\ud6c4 \ube60\ub974\uac8c \ud68c\ubcf5\ud558\uc5ec 4,000~4,100\uc120 \ud68c\ubcf5<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>11\uc6d4 14\uc77c (2\ucc28 \ud3ed\ub77d)<\/b>&nbsp;&larr;&nbsp;<b>\uc5b4\uc81c<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ucf54\uc2a4\ud53c&nbsp;<b>3.81% \uae09\ub77d<\/b>&nbsp;&rarr;&nbsp;<b>4,011.57<\/b>&nbsp;\ub9c8\uac10<\/li>\n<li>\uc0bc\uc131\uc804\uc790&nbsp;<b>5% \ud558\ub77d<\/b>&nbsp;&rarr;&nbsp;<b>&#8220;10\ub9cc\uc804\uc790&#8221; \ubd95\uad34<\/b>&nbsp;(10\ub9cc\uc6d0 \uc544\ub798\ub85c)<\/li>\n<li>SK\ud558\uc774\ub2c9\uc2a4&nbsp;<b>8.5% \ud558\ub77d<\/b>&nbsp;&rarr;&nbsp;<b>&#8220;60\ub9cc\ub2c9\uc2a4&#8221; \ubd95\uad34<\/b>&nbsp;(60\ub9cc\uc6d0 \uc544\ub798\ub85c)<\/li>\n<li>\uc678\uad6d\uc778&nbsp;<b>2\uc870\uc6d0 \uc774\uc0c1 \uc21c\ub9e4\ub3c4<\/b><\/li>\n<li>\ubbf8\uad6d Fed 12\uc6d4 \uae08\ub9ac \uc778\ud558 \uae30\ub300 \ud6c4\ud1f4\uac00 \uc6d0\uc778<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>\ud604\uc7ac \uc0c1\ud669<\/b>: 4,000\uc120\uc744 \uaca8\uc6b0 \uc0ac\uc218\ud55c \uc0c1\ud0dc, \ucd94\uac00 \uc870\uc815 \uac00\ub2a5\uc131 \ub192\uc74c<\/div>\n<h3 style=\"color: #000000; text-align: start;\">\uc804\ubb38\uac00 \uc804\ub9dd<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>\uc870\uc815 \uae30\uac04<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>KB\uc99d\uad8c \ud558\uc778\ud658 \uc5f0\uad6c\uc6d0: &#8220;\uacbd\ud5d8\uce59\uc73c\ub85c \ubcf8\ub2e4\uba74 \uc870\uc815\uc740&nbsp;<b>12\uc6d4 \uc911\uc21c \uc815\ub3c4\uae4c\uc9c0 \uc9c0\uc18d<\/b>\ub420 \uc218 \uc788\ub2e4&#8221;<\/li>\n<li>&#8220;11\uc6d4\uc740 \uc904\uace7 \ubcf4\uc218\uc801\uc73c\ub85c \ub300\uc751\ud558\uace0&nbsp;<b>12\uc6d4 \ucd08\uc21c, \uc911\uc21c\ubd80\ud130 \ub2e4\uc2dc \uac15\uc138\uc7a5 \uc7ac\uac1c<\/b>\uc5d0 \uc900\ube44\ud560 \ud544\uc694\uac00 \uc788\ub2e4&#8221;<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>\uc870\uc815 \ud3ed<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\uc77c\ubd80 \uc804\ubb38\uac00: &#8220;\uc9c0\uc218\uac00 \ud380\ub354\uba58\ud138 \ub300\ube44 \uac00\ud30c\ub974\uac8c \uc624\ub978 \uac74 \ub9de\uae30 \ub54c\ubb38\uc5d0 \ud55c\ub54c&nbsp;<b>3,500~3,700\uc120<\/b>\uae4c\uc9c0\ub3c4 \ubc00\ub9b4 \uc218 \uc788\uaca0\uc9c0\ub9cc,&nbsp;<b>\uc5f0\ub9d0\uae4c\uc9c0 4,100\uc120<\/b>\uae4c\uc9c0\ub294 \ubc18\ub4f1\ud560 \uc218 \uc788\uc744 \uac83&#8221;<\/li>\n<li>\ud604\uc7ac&nbsp;<b>4,011\uc120<\/b>\uc774\ubbc0\ub85c \uc774\ubbf8 \uc870\uc815 \uc9c4\ud589 \uc911<\/li>\n<li>\ucd94\uac00 \uc870\uc815 \uc2dc&nbsp;<b>3,800~3,900\uc120<\/b>\uae4c\uc9c0 \ud558\ub77d \uac00\ub2a5\uc131<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\n<hr \/>\n<\/div>\n<h2 style=\"color: #000000; text-align: start;\">\ud83c\udfaf \uc9c0\uc218 ETF vs \uac1c\ubcc4\uc8fc &#8211; \ubb34\uc5c7\uc744 \uc0ac\uc57c \ud560\uae4c?<\/h2>\n<h3 style=\"color: #000000; text-align: start;\">\ubc18\ub3c4\uccb4\uc758 \ucf54\uc2a4\ud53c \ube44\uc911<\/h3>\n<div style=\"color: #000000; text-align: start;\">2024\ub144 10\uc6d4 \uae30\uc900\uc73c\ub85c&nbsp;<b>\uc0bc\uc131\uc804\uc790\uac00 \ucf54\uc2a4\ud53c \uc804\uccb4 \uc2dc\uac00\ucd1d\uc561\uc758 \uc57d 18-19%<\/b>, <b>SK\ud558\uc774\ub2c9\uc2a4\uac00 \uc57d 7%<\/b>\ub97c \ucc28\uc9c0\ud569\ub2c8\ub2e4. \ud569\uacc4 <b>\uc57d 25%<\/b>&nbsp;&#8211; \ucf54\uc2a4\ud53c \uc9c0\uc218\uc758 4\ubd84\uc758 1\uc774 \ubc18\ub3c4\uccb4 2\uac1c \uc885\ubaa9\uc785\ub2c8\ub2e4.<\/div>\n<h3 style=\"color: #000000; text-align: start;\">\uac1c\ubcc4\uc8fc\uac00 \ub354 \ud070 \uc774\uc720<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>\uc218\uc775 \uad6c\uc870\uc758 \ucc28\uc774<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\uc9c0\uc218\ub294 \ubc18\ub3c4\uccb4\uac00 25% \ube44\uc911\uc774\ubbc0\ub85c, \ubc18\ub3c4\uccb4\uac00 10% \uc624\ub974\uba74 \uc9c0\uc218\ub294 \uc57d 2.5% \uc0c1\uc2b9<\/li>\n<li>\ud558\uc9c0\ub9cc SK\ud558\uc774\ub2c9\uc2a4\uc5d0 \uc9c1\uc811 \ud22c\uc790\ud558\uba74 \uadf8\ub300\ub85c 10% \uc218\uc775<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>\uc2e4\uc81c \uc8fc\uac00 \ucd94\uc138 (\ucd5c\uadfc 1\uc8fc\uc77c)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li><b>11\uc6d4 12\uc77c<\/b>: \uc0bc\uc131\uc804\uc790 \uc57d 10\ub9cc\uc6d0\ub300 \uc911\ubc18, SK\ud558\uc774\ub2c9\uc2a4 \uc57d 61\ub9cc\uc6d0<\/li>\n<li><b>11\uc6d4 14\uc77c<\/b>: \uc0bc\uc131\uc804\uc790&nbsp;<b>10\ub9cc\uc6d0 \ubd95\uad34<\/b>, SK\ud558\uc774\ub2c9\uc2a4&nbsp;<b>60\ub9cc\uc6d0 \ubd95\uad34<\/b><\/li>\n<li>\ub2e8 \uc774\ud2c0 \ub9cc\uc5d0 \uac01\uac01 \uc57d 5%, 8.5% \uae09\ub77d<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\uc9c0\ub09c 3\uac1c\uc6d4 \ub3d9\uc548 \uc0bc\uc131\uc804\uc790 \uc8fc\uac00\uac00 44% \uc0c1\uc2b9\ud558\ub294 \ub3d9\uc548&nbsp;<b>SK\ud558\uc774\ub2c9\uc2a4\ub294 129% \uc0c1\uc2b9<\/b>\ud588\uc2b5\ub2c8\ub2e4. \ud558\uc9c0\ub9cc 11\uc6d4 \ub4e4\uc5b4 \ubcc0\ub3d9\uc131\uc774 \uadf9\uc2ec\ud558\uac8c \ucee4\uc84c\uc2b5\ub2c8\ub2e4.<\/div>\n<h3 style=\"color: #000000; text-align: start;\">\u26a0\ufe0f \uac1c\ubcc4\uc8fc\uc758 \ub9ac\uc2a4\ud06c<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>1. \uc9d1\uc911 \ub9ac\uc2a4\ud06c<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ud55c \uc885\ubaa9\uc5d0 \uc62c\uc778\ud558\uba74 \ubcc0\ub3d9\uc131\uc774 \ub9e4\uc6b0 \ud07c<\/li>\n<li>\ucd5c\uadfc SK\ud558\uc774\ub2c9\uc2a4\uac00 \ud558\ub8e8\uc5d0 8.87% \uae09\ub77d\ud55c \uc801\ub3c4 \uc788\uc74c<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>2. \ubc38\ub958\uc5d0\uc774\uc158 \ubd80\ub2f4<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>SK\ud558\uc774\ub2c9\uc2a4\ub294 PBR \uc5ed\ub300 \ucd5c\uace0\uce58 (2.3-2.5\ubc30 \uc774\uc0c1)<\/li>\n<li>\uc0bc\uc131\uc804\uc790\ub294 PBR \ud558\ub2e8 (1.2-1.5\ubc30) &rarr; \uc800\ud3c9\uac00 \uad6c\uac04<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>3. \ud0c0\uc774\ubc0d \ub9ac\uc2a4\ud06c<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>SK\ud558\uc774\ub2c9\uc2a4\ub294 \uc774\ubbf8 \ub9ce\uc774 \uc0c1\uc2b9 (\uc5f0\ucd08 \ub300\ube44 130%)<\/li>\n<li>\uace0\uc810 \ub9e4\uc218 \uc704\ud5d8 \uc874\uc7ac<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\n<hr \/>\n<\/div>\n<h2 style=\"color: #000000; text-align: start;\">\ud83d\udcca \uc0bc\uc131\uc804\uc790 vs SK\ud558\uc774\ub2c9\uc2a4 \ubc38\ub958\uc5d0\uc774\uc158 \ube44\uad50<\/h2>\n<h3 style=\"color: #000000; text-align: start;\">\ud575\uc2ec \uc9c0\ud45c \ube44\uad50\ud45c<\/h3>\n<p>\uc9c0\ud45c\uc0bc\uc131\uc804\uc790SK\ud558\uc774\ub2c9\uc2a4\uc720\ub9ac\ud55c \ucabd<\/p>\n<table style=\"border-collapse: collapse; width: 100%;\" border=\"1\">\n<tbody>\n<tr>\n<td>\uc9c0\ud45c<\/td>\n<td>\uc0bc\uc131\uc804\uc790<\/td>\n<td>SK\ud558\uc774\ub2c9\uc2a4<\/td>\n<td>\uc720\ub9ac\ud55c \ucabd<\/td>\n<\/tr>\n<tr>\n<td>PER<\/td>\n<td>13-15\ubc30<\/td>\n<td>10.7\ubc30 (2024)<\/td>\n<td>\uc0c1\ud669\uc5d0 \ub530\ub77c<\/td>\n<\/tr>\n<tr>\n<td>PBR<\/td>\n<td>1.2-1.5\ubc30 (\ud558\ub2e8)<\/td>\n<td>2.3-2.5\ubc30+ (\uc0c1\ub2e8)<\/td>\n<td>\uc0bc\uc131 (\uc800\ud3c9\uac00)<\/td>\n<\/tr>\n<tr>\n<td>ROE<\/td>\n<td>7.8%<\/td>\n<td>23.8%<\/td>\n<td>\ud558\uc774\ub2c9\uc2a4 (\uc218\uc775\uc131)<\/td>\n<\/tr>\n<tr>\n<td>\uc0c1\uc2b9\uc5ec\ub825<\/td>\n<td>33.9%<\/td>\n<td>15.1%<\/td>\n<td>\uc0bc\uc131 (\ubc38\ub958 \uae30\uc900)<\/td>\n<\/tr>\n<tr>\n<td>HBM \uc810\uc720\uc728<\/td>\n<td>17%<\/td>\n<td>53%<\/td>\n<td>\ud558\uc774\ub2c9\uc2a4 (\uc555\ub3c4\uc801)<\/td>\n<\/tr>\n<tr>\n<td>\ubc30\ub2f9\uc218\uc775\ub960<\/td>\n<td>2.02%<\/td>\n<td>\ub0ae\uc74c<\/td>\n<td>\uc0bc\uc131 (\ubc30\ub2f9)<\/td>\n<\/tr>\n<\/tbody>\n<\/table>\n<h3 style=\"color: #000000; text-align: start;\">\ud574\uc11d<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>\uc0bc\uc131\uc804\uc790 = \uc800\ud3c9\uac00<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>PBR \ubc34\ub4dc \ud558\ub2e8 &rarr; \uc800\ud3c9\uac00 \uad6c\uac04<\/li>\n<li>\uc0c1\uc2b9 \uc5ec\ub825\uc774 \uc57d 33.9%\ub85c \ud06c\ub2e4<\/li>\n<li>\ubcf5\ud569 \uae30\uc5c5\uc73c\ub85c \uc0ac\uc5c5 \ub2e4\uac01\ud654<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>SK\ud558\uc774\ub2c9\uc2a4 = \uace0\ud3c9\uac00?<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>HBM \ub3c5\uc810\uc801 \uc9c0\uc704<\/li>\n<li>ROE 23.8%\ub85c \ub192\uc740 \uc218\uc775\uc131<\/li>\n<li>\ud558\uc9c0\ub9cc PBR \uc774\ubbf8 \uc5ed\ub300 \ucd5c\uace0\uce58 &rarr; \uc870\uc815 \uc704\ud5d8<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\n<hr \/>\n<\/div>\n<h2 style=\"color: #000000; text-align: start;\">\ud83d\udd14 \uc8fc\uac00 \ubcc0\ub3d9\uc5d0 \uc601\ud5a5\uc744 \uc904 \ud575\uc2ec \uc774\ubca4\ud2b8<\/h2>\n<h3 style=\"color: #000000; text-align: start;\">\ub2e8\uae30 \uc774\ubca4\ud2b8 (1-3\uac1c\uc6d4)<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>12\uc6d4 \ucd08\uc911\uc21c<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>SK\ud558\uc774\ub2c9\uc2a4 HBM4 \uccab \ucd9c\ud558 \ubc1c\ud45c \uc608\uc0c1<\/li>\n<li>\uae09\ub4f1 \uac00\ub2a5\uc131 \uc788\uc74c<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>2026\ub144 1\uc6d4 \ub9d0<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>2025\ub144 4\ubd84\uae30 \uc2e4\uc801 \ubc1c\ud45c<\/li>\n<li>\uc5f0\ub9d0 \uc131\uc218\uae30 \uc2e4\uc801 + HBM \ub9e4\ucd9c \ubc18\uc601<\/li>\n<li>\uc608\uc0c1\uce58 \uc0c1\ud68c \uc2dc \uae09\ub4f1, \ubbf8\ub2ec \uc2dc \uc870\uc815<\/li>\n<\/ul>\n<h3 style=\"color: #000000; text-align: start;\">\uc911\uae30 \uc774\ubca4\ud2b8 (3-6\uac1c\uc6d4)<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>2026\ub144 1-2\uc6d4 (\u2b50 \ucd5c\ub300 \uad00\uc804 \ud3ec\uc778\ud2b8)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li><b>\uc0bc\uc131\uc804\uc790 HBM4 \uc5d4\ube44\ub514\uc544 \ucd5c\uc885 \uc2b9\uc778 \ubc1c\ud45c<\/b><\/li>\n<li>\uc2b9\uc778 \uc2dc: \uae09\ub4f1 \uac00\ub2a5 (5-10% \uc774\uc0c1)<\/li>\n<li>\uc9c0\uc5f0\/\uc2e4\ud328 \uc2dc: \uae09\ub77d \uc704\ud5d8 (-5-10%)<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>\ucc38\uace0<\/b>: \uc0bc\uc131\uc804\uc790\ub294 \uc774\ubbf8 HBM3E 12\ub2e8 \uc81c\ud488\uc774 \uc5d4\ube44\ub514\uc544\uc758 GB300 \ud488\uc9c8 \ud14c\uc2a4\ud2b8\ub97c \ucd5c\uc885 \ud1b5\uacfc\ud558\uace0 \uacf5\uc2dd \uacf5\uae09\uc0ac\ub85c \uc120\uc815\ub418\uc5c8\uc73c\uba70, HBM4\ub294 2026\ub144 \ucd08 \ucd5c\uc885 \uc778\uc99d \ud68d\ub4dd\uc744 \ubaa9\ud45c\ub85c \ud558\uace0 \uc788\uc2b5\ub2c8\ub2e4.<\/div>\n<div style=\"color: #000000; text-align: start;\"><b>2026\ub144 4\uc6d4 \ub9d0<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>2026\ub144 1\ubd84\uae30 \uc2e4\uc801 \ubc1c\ud45c<\/li>\n<li>HBM \ube44\uc911 \ud655\ub300 \ud655\uc778 \uc2dc \ucd94\uac00 \uc0c1\uc2b9<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\n<hr \/>\n<\/div>\n<h2 style=\"color: #000000; text-align: start;\">\ud83d\udcb0 2025\ub144 11\uc6d4 15\uc77c \ud604\uc7ac, \uad6c\uccb4\uc801 \ud22c\uc790 \uc804\ub7b5<\/h2>\n<h3 style=\"color: #000000; text-align: start;\">\uc804\uc81c \uc870\uac74<\/h3>\n<div style=\"color: #000000; text-align: start;\">\u2705 \uc775\uc808\ud55c \ud604\uae08\uc744 \ubcf4\uc720 \uc911<\/div>\n<div style=\"color: #000000; text-align: start;\">\u2705 \uc7ac\uc9c4\uc785 \ud0c0\uc774\ubc0d\uc744 \uace0\ubbfc \uc911<\/div>\n<div style=\"color: #000000; text-align: start;\">\u2705 \ub2e8\uae30 \uc870\uc815\uc774&nbsp;<b>\uc9c4\ud589 \uc911<\/b>\uc784\uc744 \uc778\uc9c0 (\uc5b4\uc81c 3.81% \uae09\ub77d)<\/div>\n<div style=\"color: #000000; text-align: start;\">\u2705 \uc911\uc7a5\uae30 \uc0c1\uc2b9 \uc804\ub9dd\uc5d0\ub294 \ub3d9\uc758<\/div>\n<h3 style=\"color: #000000; text-align: start;\">\uc804\ub7b5 1: \ubd84\ud560 \ub9e4\uc218 \uc804\ub7b5 (\ucd94\ucc9c \u2b50)<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>\ud604\uae08\uc744 4\ud68c\ub85c \ub098\ub220\uc11c \uc9c4\uc785<\/b><\/div>\n<div style=\"color: #000000; text-align: start;\"><b>1\ucc28 \ub9e4\uc218 (30%): \ub2e4\uc74c\uc8fc \uc6d4\uc694\uc77c (11\uc6d4 18\uc77c)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ud0c0\uc774\ubc0d: 4,000~4,050 \uad6c\uac04<\/li>\n<li>\uc885\ubaa9 \uad6c\uc131: \uc0bc\uc131\uc804\uc790 50% + SK\ud558\uc774\ub2c9\uc2a4 50%<\/li>\n<li>\uc774\uc720: \uc5b4\uc81c \uae09\ub77d \ud6c4 \ubc18\ub4f1 \uc2dc\ub3c4 \uad6c\uac04, \uc77c\ubd80\ub294 \uc9c0\uae08 \uc9c4\uc785<\/li>\n<li><b>\uc8fc\uc758<\/b>: \ucd94\uac00 \ud558\ub77d \uac00\ub2a5\uc131 \uc788\uc73c\ubbc0\ub85c 30%\ub9cc \ud22c\uc785<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>2\ucc28 \ub9e4\uc218 (30%): 3,850~3,950 \uc870\uc815 \uc2dc<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ud0c0\uc774\ubc0d: 11\uc6d4 \uc14b\uc9f8~\ub137\uc9f8 \uc8fc \uc608\uc0c1<\/li>\n<li>\uc885\ubaa9 \uad6c\uc131: \uc0bc\uc131\uc804\uc790 40% + SK\ud558\uc774\ub2c9\uc2a4 60%<\/li>\n<li>\uc774\uc720: \uc804\ubb38\uac00\ub4e4\uc774 \uc608\uc0c1\ud558\ub294 \uc870\uc815 \uad6c\uac04, \ud558\uc774\ub2c9\uc2a4 \ube44\uc911 \ub192\uc784<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>3\ucc28 \ub9e4\uc218 (30%): 3,700~3,800 \ucd94\uac00 \uc870\uc815 \uc2dc<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ud0c0\uc774\ubc0d: 12\uc6d4 \ucd08\uc21c \uc608\uc0c1 (\ubc1c\uc0dd \uc2dc)<\/li>\n<li>\uc885\ubaa9 \uad6c\uc131: \uc0bc\uc131\uc804\uc790 30% + SK\ud558\uc774\ub2c9\uc2a4 70%<\/li>\n<li>\uc774\uc720: \uae4a\uc740 \uc870\uc815 \uc2dc \uacf5\uaca9\uc801 \uc9c4\uc785<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>4\ucc28 \ubcf4\uc720 (10%): \ube44\uc0c1\uae08<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\uae09\ub77d \uc2dc \ucd94\uac00 \ub9e4\uc218\uc6a9<\/li>\n<li>\ub610\ub294 \uae09\ub4f1 \uc2dc \ucd94\uac00 \uae30\ud68c \ud3ec\ucc29\uc6a9<\/li>\n<\/ul>\n<h3 style=\"color: #000000; text-align: start;\">\uc804\ub7b5 2: \ud22c\uc790 \uc131\ud5a5\ubcc4 \ud3ec\ud2b8\ud3f4\ub9ac\uc624<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>\ubcf4\uc218\uc801 (\uc548\uc815 \uc911\uc2dc)<\/b><\/div>\n<pre class=\"angelscript\" style=\"color: #000000; text-align: start;\"><code>\ucf54\uc2a4\ud53c ETF 60% + \uc0bc\uc131\uc804\uc790 30% + SK\ud558\uc774\ub2c9\uc2a4 10%<\/code><\/pre>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\uc9c0\uc218\ub85c \uc548\uc815\uc131 \ud655\ubcf4<\/li>\n<li>\uac1c\ubcc4\uc8fc\ub294 \ubcf4\uc870\uc801 \uc5ed\ud560<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>\uade0\ud615\ud615 (\ucd94\ucc9c)<\/b><\/div>\n<pre class=\"angelscript\" style=\"color: #000000; text-align: start;\"><code>\uc0bc\uc131\uc804\uc790 50% + SK\ud558\uc774\ub2c9\uc2a4 50%<\/code><\/pre>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\uc800\ud3c9\uac00\ub41c \uc0bc\uc131 + \uc131\uc7a5\uc131 \ub192\uc740 \ud558\uc774\ub2c9\uc2a4<\/li>\n<li>\uc5b4\ub290 \ucabd\uc774 \uc624\ub974\ub4e0 \uc218\uc775<\/li>\n<li>\ubc38\ub958\uc5d0\uc774\uc158 \ubd84\uc0b0<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>\uacf5\uaca9\uc801 (\uc218\uc775 \uc911\uc2dc)<\/b><\/div>\n<pre class=\"angelscript\" style=\"color: #000000; text-align: start;\"><code>SK\ud558\uc774\ub2c9\uc2a4 70% + \uc0bc\uc131\uc804\uc790 30%<\/code><\/pre>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>HBM \ubaa8\uba58\ud140 \ucd5c\ub300 \ud65c\uc6a9<\/li>\n<li>\ub2e8, \uc870\uc815 \uc2dc \ud0c0\uaca9 \ud07c<\/li>\n<li>\uc190\uc808\ub77c\uc778 \ud544\uc218 (-15%)<\/li>\n<\/ul>\n<h3 style=\"color: #000000; text-align: start;\">\uc804\ub7b5 3: \uc2dc\uae30\ubcc4 \ub300\uc751 \ubc29\uc548<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>\uc774\ubc88 \uc8fc\ub9d0~\ub2e4\uc74c\uc8fc (11\uc6d4 18~22\uc77c)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ud589\ub3d9: 1\ucc28 \ub9e4\uc218 \ud0c0\uc774\ubc0d \ud3ec\ucc29 (4,000~4,050)<\/li>\n<li>\uad00\ucc30: \uc678\uad6d\uc778 \ub9e4\ub9e4 \ub3d9\ud5a5 (13\uac70\ub798\uc77c \uc5f0\uc18d \ub9e4\ub3c4 \uc9c0\uc18d\ub418\ub294\uc9c0)<\/li>\n<li>\uad00\ucc30: \ud658\uc728 \uc548\uc815\ud654 \uc5ec\ubd80 (1,470\uc6d0\ub300\uc5d0\uc11c \ud558\ub77d\ud558\ub294\uc9c0)<\/li>\n<li>\uc8fc\uc758: Fed 12\uc6d4 \uae08\ub9ac \uc778\ud558 \uae30\ub300 \ud6c4\ud1f4\ub85c \ubcc0\ub3d9\uc131 \ud074 \uc218 \uc788\uc74c<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>11\uc6d4 \uc14b\uc9f8~\ub137\uc9f8 \uc8fc (11\uc6d4 25~29\uc77c)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ud589\ub3d9: 2\ucc28 \ub9e4\uc218 \ud0c0\uc774\ubc0d \ud3ec\ucc29 (3,850~3,950)<\/li>\n<li>\uad00\ucc30: SK\ud558\uc774\ub2c9\uc2a4 HBM4 \ucd9c\ud558 \ubc1c\ud45c (\uae0d\uc815\uc801 \ubaa8\uba58\ud140)<\/li>\n<li>\uae30\ub300: \uac15\uc138\uc7a5 \uc7ac\uac1c \uc2e0\ud638 \ud655\uc778<\/li>\n<li>\uc8fc\uc758: \ucd94\uc218\uac10\uc0ac\uc808 \uc5f0\ud734 (11\uc6d4 27~28\uc77c) \ubbf8\uad6d \uc2dc\uc7a5 \ud734\uc7a5<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>12\uc6d4 \ucd08\uc911\uc21c (12\uc6d4 1~15\uc77c)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ud589\ub3d9: 3\ucc28 \ub9e4\uc218 \ub610\ub294 \ubcf4\uc720 \uc720\uc9c0<\/li>\n<li>\uad00\ucc30: Fed FOMC \ud68c\uc758 (12\uc6d4 17~18\uc77c) \uc55e\ub450\uace0 \uc2dc\uc7a5 \ubc18\uc751<\/li>\n<li>\uad00\ucc30: \uc5f0\ub9d0 \ucc28\uc775 \uc2e4\ud604 \ub9e4\ubb3c \ucd9c\ud68c \uc5ec\ubd80<\/li>\n<li>\uc911\uc694: \uc774 \uc2dc\uae30\uac00 \uc800\uc810 \ud615\uc131 \uac00\ub2a5\uc131 \ub192\uc74c<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>12\uc6d4 \ub9d0~2026\ub144 1\uc6d4 (1~2\uac1c\uc6d4 \ud6c4)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ud589\ub3d9: \ubcf4\uc720 \uc9c0\uc18d \ub610\ub294 \uc77c\ubd80 \uc775\uc808<\/li>\n<li>\uad00\ucc30: 4\ubd84\uae30 \uc2e4\uc801 \ubc1c\ud45c (1\uc6d4 \ub9d0)<\/li>\n<li>\uc8fc\uc758: \uc2e4\uc801 \ubc1c\ud45c \uc804 1\uc8fc\uc77c\uc740 \ubcc0\ub3d9\uc131 \ud07c<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>2026\ub144 1~2\uc6d4 (2~3\uac1c\uc6d4 \ud6c4)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ud589\ub3d9: \uc0bc\uc131 HBM4 \uc2b9\uc778 \ubc1c\ud45c \uc8fc\uc2dc<\/li>\n<li>\uacb0\uc815: \uc2b9\uc778 \uc2dc \ubcf4\uc720 \uc9c0\uc18d, \uc2e4\ud328 \uc2dc \uc190\uc808 \uace0\ub824<\/li>\n<li>\uc911\uc694: \uc5ec\uae30\uac00 \ucd5c\ub300 \ubcc0\uace1\uc810 \u2b50<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>2026\ub144 4\uc6d4 \uc774\ud6c4 (6\uac1c\uc6d4 \ud6c4)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ud589\ub3d9: \uc7a5\uae30 \ubcf4\uc720 \ub610\ub294 \uc775\uc808 \ud0c0\uc774\ubc0d \ud310\ub2e8<\/li>\n<li>\uad00\ucc30: 1\ubd84\uae30 \uc2e4\uc801, HBM \ube44\uc911 \ud655\ub300 \uc5ec\ubd80<\/li>\n<li>\ubaa9\ud45c: \ubaa9\ud45c\uac00 \ub3c4\ub2ec \uc2dc \ub2e8\uacc4\uc801 \uc775\uc808<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\n<hr \/>\n<\/div>\n<h2 style=\"color: #000000; text-align: start;\">\ud83c\udfaf \uad6c\uccb4\uc801 \uc2e4\ud589 \uccb4\ud06c\ub9ac\uc2a4\ud2b8<\/h2>\n<h3 style=\"color: #000000; text-align: start;\">\uc624\ub298 \ub2f9\uc7a5 \ud560 \uac83 (11\uc6d4 \uc911\uc21c)<\/h3>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>[ ] \ubcf4\uc720 \ud604\uae08\uc758 30%\ub97c \ud22c\uc790 \uc790\uae08\uc73c\ub85c \uacb0\uc815<\/li>\n<li>[ ] \uc0bc\uc131\uc804\uc790\uc640 SK\ud558\uc774\ub2c9\uc2a4 \ube44\uc911 \uacb0\uc815 (50:50 \ucd94\ucc9c)<\/li>\n<li>[ ] \uc99d\uad8c \uacc4\uc88c \ud655\uc778 \ubc0f \ub9e4\uc218 \uc900\ube44<\/li>\n<li>[ ] 1\ucc28 \ub9e4\uc218 \uc2e4\ud589 (4,000~4,100 \uad6c\uac04)<\/li>\n<li>[ ] \uc190\uc808\ub77c\uc778 \uc124\uc815 (\uac1c\ubcc4\uc8fc\ub294 -15%, \uc9c0\uc218\ub294 -10%)<\/li>\n<\/ul>\n<h3 style=\"color: #000000; text-align: start;\">12\uc6d4\uae4c\uc9c0 \ubaa8\ub2c8\ud130\ub9c1\ud560 \uac83<\/h3>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>[ ] \ucf54\uc2a4\ud53c 3,800~3,900 \uc870\uc815 \uc2dc 2\ucc28 \ub9e4\uc218 \uc900\ube44<\/li>\n<li>[ ] SK\ud558\uc774\ub2c9\uc2a4 HBM4 \ucd9c\ud558 \ub274\uc2a4 \uccb4\ud06c<\/li>\n<li>[ ] \uc678\uad6d\uc778 \uc21c\ub9e4\uc218 \uc804\ud658 \uc2dc\uc810 \ud655\uc778<\/li>\n<li>[ ] \ud658\uc728 1,450\uc6d0 \uc774\ud558 \uc548\uc815\ud654 \uc5ec\ubd80 \ud655\uc778<\/li>\n<\/ul>\n<h3 style=\"color: #000000; text-align: start;\">2026\ub144 1-2\uc6d4 \uc9d1\uc911 \uad00\ucc30\ud560 \uac83<\/h3>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>[ ] 2025\ub144 4\ubd84\uae30 \uc2e4\uc801 \ubc1c\ud45c (1\uc6d4 \ub9d0)<\/li>\n<li>[ ] \uc0bc\uc131\uc804\uc790 HBM4 \uc5d4\ube44\ub514\uc544 \uc2b9\uc778 \ubc1c\ud45c \u2b50 \ucd5c\ub300 \ud638\uc7ac<\/li>\n<li>[ ] \uc2b9\uc778 \uc2dc: \ubcf4\uc720 \uc9c0\uc18d \uacb0\uc815<\/li>\n<li>[ ] \uc2e4\ud328\/\uc9c0\uc5f0 \uc2dc: \uc190\uc808 \ub610\ub294 \ube44\uc911 \uc870\uc815 \uacb0\uc815<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\n<hr \/>\n<\/div>\n<h2 style=\"color: #000000; text-align: start;\">\u26a0\ufe0f \uc808\ub300 \ud558\uc9c0 \ub9d0\uc544\uc57c \ud560 \uac83<\/h2>\n<h3 style=\"color: #000000; text-align: start;\">\uae08\uc9c0 \uc0ac\ud56d<\/h3>\n<div style=\"color: #000000; text-align: start;\">\u274c&nbsp;<b>\ud55c \uc885\ubaa9\uc5d0 100% \uc62c\uc778<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ubcc0\ub3d9\uc131\uc774 \ub108\ubb34 \ud07c<\/li>\n<li>\ubd84\uc0b0 \ud22c\uc790 \ud544\uc218<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\u274c&nbsp;<b>\uace0\uc810\uc5d0\uc11c \ubab0\ube75 \ub9e4\uc218<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ud604\uc7ac\uac00 \uace0\uc810\uc778\uc9c0 \uc800\uc810\uc778\uc9c0 \uc544\ubb34\ub3c4 \ubaa8\ub984<\/li>\n<li>\ubd84\ud560 \ub9e4\uc218\ub9cc\uc774 \ub2f5<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\u274c&nbsp;<b>\uc190\uc808\ub77c\uc778 \uc5c6\uc774 \ud22c\uc790<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\uac1c\ubcc4\uc8fc\ub294 -15%, \uc9c0\uc218\ub294 -10%<\/li>\n<li>\uc190\uc808\uc740 \ub2e4\uc2dc \uc0b4 \uae30\ud68c\ub97c \uc8fc\ub294 \uac83<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\u274c&nbsp;<b>\ub274\uc2a4\uc5d0 \ud754\ub4e4\ub9ac\uae30<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ub2e8\uae30 \ub274\uc2a4\ub294 \ub178\uc774\uc988\uc77c \uc218 \uc788\uc74c<\/li>\n<li>\ud575\uc2ec \uc774\ubca4\ud2b8(\uc2e4\uc801, HBM \uc2b9\uc778)\ub9cc \uc8fc\ubaa9<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\u274c&nbsp;<b>\uac10\uc815\uc801 \ub9e4\ub9e4<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\uae09\ub4f1 \uc2dc FOMO\ub85c \ucd94\uaca9 \ub9e4\uc218<\/li>\n<li>\uae09\ub77d \uc2dc \uacf5\ud3ec\ub85c \uc190\uc808<\/li>\n<li>\uacc4\ud68d\ub300\ub85c \uc2e4\ud589\uc774 \ucd5c\uc120<\/li>\n<\/ul>\n<h3 style=\"color: #000000; text-align: start;\">\ud544\uc218 \uc6d0\uce59<\/h3>\n<div style=\"color: #000000; text-align: start;\">\u2705&nbsp;<b>\ubd84\ud560 \ub9e4\uc218<\/b>: 3-4\ud68c \ub098\ub220\uc11c<\/div>\n<div style=\"color: #000000; text-align: start;\">\u2705&nbsp;<b>\uc190\uc808\ub77c\uc778 \uc124\uc815<\/b>: \uba85\ud655\ud55c \uae30\uc900<\/div>\n<div style=\"color: #000000; text-align: start;\">\u2705&nbsp;<b>\ud3ec\ud2b8\ud3f4\ub9ac\uc624 \ubd84\uc0b0<\/b>: \ub450 \uc885\ubaa9 \uc774\uc0c1<\/div>\n<div style=\"color: #000000; text-align: start;\">\u2705&nbsp;<b>\uacc4\ud68d \uc900\uc218<\/b>: \uac10\uc815 \ubc30\uc81c<\/div>\n<div style=\"color: #000000; text-align: start;\">\u2705&nbsp;<b>\uc7a5\uae30 \uad00\uc810<\/b>: \ub2e8\uae30 \ubcc0\ub3d9\uc5d0 \ud754\ub4e4\ub9ac\uc9c0 \uc54a\uae30<\/div>\n<div style=\"color: #000000; text-align: start;\">\n<hr \/>\n<\/div>\n<h2 style=\"color: #000000; text-align: start;\">\ud83d\udccb \uc2dc\ub098\ub9ac\uc624\ubcc4 \ub300\uc751 \ubc29\uc548<\/h2>\n<h3 style=\"color: #000000; text-align: start;\">\uc2dc\ub098\ub9ac\uc624 1: \ub2e4\uc74c\uc8fc \ubc18\ub4f1 \ud6c4 \uc7ac\uc870\uc815<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>\ub2e4\uc74c\uc8fc 4,100~4,150 \ubc18\ub4f1 &rarr; 11\uc6d4 \ub9d0 3,850~3,950 \uc870\uc815<\/b><\/div>\n<div style=\"color: #000000; text-align: start;\">\ub300\uc751:<\/div>\n<ol style=\"list-style-type: decimal; color: #000000; text-align: start;\">\n<li>1\ucc28 \ub9e4\uc218: \ub2e4\uc74c\uc8fc \uc6d4\uc694\uc77c 4,000~4,050 (30%)<\/li>\n<li>\uad00\ub9dd: 4,100 \uc774\uc0c1 \ubc18\ub4f1 \uc2dc \ucd94\uac00 \ub9e4\uc218 \ubcf4\ub958<\/li>\n<li>2\ucc28 \ub9e4\uc218: 11\uc6d4 \ub9d0 3,850~3,950 \uc870\uc815 \uc2dc (30%)<\/li>\n<li>\uacb0\uacfc: \ud3c9\ub2e8\uac00 3,950~4,000 \ud615\uc131, \uc548\uc815\uc801 \uc9c4\uc785<\/li>\n<\/ol>\n<h3 style=\"color: #000000; text-align: start;\">\uc2dc\ub098\ub9ac\uc624 2: \uc608\uc0c1\ubcf4\ub2e4 \uae4a\uc740 \uc870\uc815<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>\ub2e4\uc74c\uc8fc\ubd80\ud130 \uacc4\uc18d \ud558\ub77d &rarr; 3,700~3,800\uae4c\uc9c0 \ud558\ub77d<\/b><\/div>\n<div style=\"color: #000000; text-align: start;\">\ub300\uc751:<\/div>\n<ol style=\"list-style-type: decimal; color: #000000; text-align: start;\">\n<li>1\ucc28 \ub9e4\uc218: \ub2e4\uc74c\uc8fc 4,000~4,050 (30%) &#8211; \uc190\uc2e4 \ubc1c\uc0dd<\/li>\n<li>2\ucc28 \ub9e4\uc218: 3,850~3,950 (30%)<\/li>\n<li>3\ucc28 \ub9e4\uc218: 3,700~3,800 (30%) &#8211; \ud3c9\ub2e8\uac00 \ub0ae\ucda4<\/li>\n<li>\uacb0\uacfc: \ud3c9\ub2e8\uac00 3,850~3,900, \ubc18\ub4f1 \uc2dc \ud070 \uc218\uc775 \uac00\ub2a5<\/li>\n<\/ol>\n<h3 style=\"color: #000000; text-align: start;\">\uc2dc\ub098\ub9ac\uc624 3: \uc870\uc815 \uc5c6\uc774 \uacc4\uc18d \uc0c1\uc2b9<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>\ub2e4\uc74c\uc8fc\ubd80\ud130 4,200~4,300 \uc9c0\uc18d \uc0c1\uc2b9<\/b><\/div>\n<div style=\"color: #000000; text-align: start;\">\ub300\uc751:<\/div>\n<ol style=\"list-style-type: decimal; color: #000000; text-align: start;\">\n<li>1\ucc28 \ub9e4\uc218: \ub2e4\uc74c\uc8fc \uc6d4\uc694\uc77c (30%) &#8211; \uc218\uc775 \ubc1c\uc0dd<\/li>\n<li>2-3\ucc28 \ub9e4\uc218 \uae30\ud68c \uc5c6\uc74c: \ud604\uae08 70% \ubcf4\uc720<\/li>\n<li>\uc120\ud0dd: 4,200 \uc774\uc0c1 \uc2dc \ucd94\uac00 20% \ud22c\uc785 \uace0\ub824<\/li>\n<li>\uacb0\uacfc: \uae30\ud68c \ube44\uc6a9 \ubc1c\uc0dd\ud558\uc9c0\ub9cc \ub9ac\uc2a4\ud06c \uad00\ub9ac \uc131\uacf5<\/li>\n<\/ol>\n<h3 style=\"color: #000000; text-align: start;\">\uc2dc\ub098\ub9ac\uc624 4: \uc678\ubd80 \ubcc0\uc218\ub85c \uae09\ub77d<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>Fed 12\uc6d4 \uae08\ub9ac \ub3d9\uacb0 \ud655\uc815, \ubbf8\uad6d \uacbd\uae30 \uce68\uccb4 \uc6b0\ub824 \ub4f1\uc73c\ub85c 3,500\uc120 \ubd95\uad34<\/b><\/div>\n<div style=\"color: #000000; text-align: start;\">\ub300\uc751:<\/div>\n<ol style=\"list-style-type: decimal; color: #000000; text-align: start;\">\n<li>1\ucc28 \ub9e4\uc218: \ub2e4\uc74c\uc8fc (30%) &#8211; \ud070 \uc190\uc2e4<\/li>\n<li>\uc190\uc808: -15% \ub3c4\ub2ec \uc2dc \uacfc\uac10\ud788 \uc190\uc808<\/li>\n<li>\uc7ac\uc9c4\uc785: \uc0c1\ud669 \uc548\uc815\ud654 \ud6c4 3,500\uc120\uc5d0\uc11c \uc7ac\uc9c4\uc785<\/li>\n<li>\uacb0\uacfc: \uc190\uc2e4 \ucd5c\uc18c\ud654, \uc790\uae08 \ubcf4\uc874 \ud6c4 \uc7ac\uae30\ud68c \ud3ec\ucc29<\/li>\n<\/ol>\n<div style=\"color: #000000; text-align: start;\">\n<hr \/>\n<\/div>\n<h2 style=\"color: #000000; text-align: start;\">\ud83c\udfac \uacb0\ub860: \uc9c0\uae08 \ubb34\uc5c7\uc744 \ud574\uc57c \ud558\ub294\uac00?<\/h2>\n<h3 style=\"color: #000000; text-align: start;\">\ud575\uc2ec \uc694\uc57d<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>\ud604\uc7ac \uc0c1\ud669 (11\uc6d4 15\uc77c \uae30\uc900)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\uc6d0\ud654 1,470\uc6d0\ub300 \uae09\ub4f1 + \ucf54\uc2a4\ud53c 4,011\ub85c \uc870\uc815 \uc911<\/li>\n<li>\uc678\uad6d\uc778 13\uac70\ub798\uc77c \uc5f0\uc18d \ub9e4\ub3c4 (\uc5b4\uc81c\ub9cc 2\uc870\uc6d0+)<\/li>\n<li>\uac1c\uc778 \ub9e4\uc218 vs \uc678\uad6d\uc778 \ub9e4\ub3c4 = \ub2e8\uae30 \ubd88\uc548\uc815<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>\ub2e8\uae30 \uc804\ub9dd (1~4\uc8fc)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ucd94\uac00 \uc870\uc815 \uac00\ub2a5\uc131 \ub192\uc74c (3,850~3,950, \uc2ec\ud558\uba74 3,700)<\/li>\n<li>Fed 12\uc6d4 \uae08\ub9ac \ub3d9\uacb0 \uac00\ub2a5\uc131 = \ucd94\uac00 \uc545\uc7ac<\/li>\n<li>11\uc6d4 \ub9d0~12\uc6d4 \ucd08 \uc800\uc810 \ud615\uc131 \uc608\uc0c1<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>\uc911\uae30 \uc804\ub9dd (1~3\uac1c\uc6d4)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>12\uc6d4 \uc911\uc21c \uc774\ud6c4 \ubc18\ub4f1 \uac00\ub2a5 (4,100 \uc7ac\ub3cc\ud30c)<\/li>\n<li>\uc0bc\uc131 HBM4 \uc2b9\uc778 = \ucd5c\ub300 \ubcc0\uace1\uc810 (2026\ub144 1~2\uc6d4)<\/li>\n<li>\uc2b9\uc778 \uc2dc: \ub300\ud615 \ud638\uc7ac, \uae09\ub4f1 \uac00\ub2a5<\/li>\n<li>\uc2e4\ud328 \uc2dc: \uae09\ub77d \uc704\ud5d8<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>\uc7a5\uae30 \uc804\ub9dd (6\uac1c\uc6d4+)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ubc18\ub3c4\uccb4 \uc288\ud37c\uc0ac\uc774\ud074 \uc9c0\uc18d<\/li>\n<li>2026\ub144 \uc0c1\ubc18\uae30 5,000\uc120 \ub3c4\uc804 \uac00\ub2a5<\/li>\n<li>\ub2e4\ub9cc \uae00\ub85c\ubc8c \uacbd\uae30 \ubcc0\uc218 \uc874\uc7ac<\/li>\n<\/ul>\n<h3 style=\"color: #000000; text-align: start;\">\uc774\ubc88 \uc8fc\ub9d0\uc5d0 \ud560 \ud589\ub3d9 (\ucd5c\uc6b0\uc120)<\/h3>\n<div style=\"color: #000000; text-align: start;\"><b>1. \ud22c\uc790 \uc790\uae08 \ucd5c\uc885 \ud655\uc815<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ubcf4\uc720 \ud604\uae08 \uc911 \ud22c\uc790 \uac00\ub2a5 \uae08\uc561 \uacb0\uc815<\/li>\n<li>30% (1\ucc28) + 30% (2\ucc28) + 30% (3\ucc28) + 10% (\ube44\uc0c1\uae08) \ubc30\ubd84<\/li>\n<li>\uc0dd\ud65c\ube44\ub294 \uc808\ub300 \ud22c\uc790\ud558\uc9c0 \ub9d0 \uac83<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>2. \ud3ec\ud2b8\ud3f4\ub9ac\uc624 \uad6c\uc131 \uacb0\uc815<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\uade0\ud615\ud615 (\ucd94\ucc9c): \uc0bc\uc131 50% + \ud558\uc774\ub2c9\uc2a4 50%<\/li>\n<li>\ubcf4\uc218\ud615: \uc0bc\uc131 70% + \ud558\uc774\ub2c9\uc2a4 30%<\/li>\n<li>\uacf5\uaca9\ud615: \uc0bc\uc131 30% + \ud558\uc774\ub2c9\uc2a4 70%<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>3. \uc190\uc808\ub77c\uc778 \uba85\ud655\ud788 \uc124\uc815<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\uac1c\ubcc4\uc8fc: \ub9e4\uc218\uac00 \ub300\ube44 -15%<\/li>\n<li>\uc9c0\uc218 ETF: \ub9e4\uc218\uac00 \ub300\ube44 -10%<\/li>\n<li>\ubc18\ub4dc\uc2dc \uc9c0\ud0ac \uac83!<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>4. \uce98\ub9b0\ub354\uc5d0 \uccb4\ud06c \ud3ec\uc778\ud2b8 \ub4f1\ub85d<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li><b>11\uc6d4 18\uc77c (\uc6d4)<\/b>: 1\ucc28 \ub9e4\uc218 \uc2e4\ud589\uc77c<\/li>\n<li><b>11\uc6d4 25~29\uc77c<\/b>: 2\ucc28 \ub9e4\uc218 \ud0c0\uc774\ubc0d \ud655\uc778<\/li>\n<li><b>12\uc6d4 17~18\uc77c<\/b>: Fed FOMC \ud68c\uc758<\/li>\n<li><b>2026\ub144 1\uc6d4 \ub9d0<\/b>: 4\ubd84\uae30 \uc2e4\uc801 \ubc1c\ud45c<\/li>\n<li><b>2026\ub144 1~2\uc6d4<\/b>: \uc0bc\uc131 HBM4 \uc2b9\uc778 \ubc1c\ud45c<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\"><b>5. \ubaa8\ub2c8\ud130\ub9c1 \ub8e8\ud2f4 \uad6c\ucd95<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ub9e4\uc77c \uccb4\ud06c: \ucf54\uc2a4\ud53c \uc9c0\uc218, \uc678\uad6d\uc778 \uc21c\ub9e4\uc218\/\ub9e4\ub3c4<\/li>\n<li>\uc8fc\uac04 \uccb4\ud06c: \ud658\uc728, \ubc18\ub3c4\uccb4 \ub274\uc2a4, Fed \ubc1c\uc5b8<\/li>\n<li>\uc6d4\uac04 \uccb4\ud06c: \uc2e4\uc801 \ubc1c\ud45c, HBM \uad00\ub828 \uc774\uc288<\/li>\n<\/ul>\n<h3 style=\"color: #000000; text-align: start;\">\ub2e4\uc74c\uc8fc \uc6d4\uc694\uc77c (11\uc6d4 18\uc77c) \uc2e4\ud589 \uc0ac\ud56d<\/h3>\n<div style=\"color: #000000; text-align: start;\">\u2705&nbsp;<b>\uc7a5 \uc2dc\uc791 \uc804 (\uc624\uc804 9\uc2dc \uc804)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\uc804\ub0a0 \ubbf8\uad6d \uc2dc\uc7a5 \ub9c8\uac10 \ud655\uc778<\/li>\n<li>\uc6d0\ub2ec\ub7ec \ud658\uc728 \ud655\uc778 (1,470\uc6d0\ub300 \uc720\uc9c0\ub418\ub294\uc9c0)<\/li>\n<li>\uc624\ub298\uc758 \uc2dc\uc7a5 \uc804\ub9dd \ub274\uc2a4 \ud655\uc778<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\u2705&nbsp;<b>\uc7a5 \uc2dc\uc791 \ud6c4 (\uc624\uc804 9\uc2dc~10\uc2dc)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\uc2dc\ucd08\uac00 \ud655\uc778: 4,000~4,050 \ubc94\uc704\uc778\uc9c0 \uccb4\ud06c<\/li>\n<li>\uc678\uad6d\uc778 \ub9e4\ub9e4 \ub3d9\ud5a5 \uc2e4\uc2dc\uac04 \ud655\uc778<\/li>\n<li>\ubc94\uc704 \ub0b4\ub77c\uba74 1\ucc28 \ub9e4\uc218 (30%) \uc2e4\ud589<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\u2705&nbsp;<b>\uc7a5 \ub9c8\uac10 \ud6c4 (\uc624\ud6c4 3\uc2dc 30\ubd84 \uc774\ud6c4)<\/b><\/div>\n<ul style=\"list-style-type: disc; color: #000000; text-align: start;\">\n<li>\ub9e4\uc218 \uacb0\uacfc \uae30\ub85d (\ud3c9\ub2e8\uac00, \uc218\ub7c9)<\/li>\n<li>\uc190\uc808\ub77c\uc778 \uacc4\uc0b0 \ubc0f \uae30\ub85d<\/li>\n<li>\ub2e4\uc74c \ub9e4\uc218 \ud0c0\uc774\ubc0d \uc7ac\ud655\uc778<\/li>\n<\/ul>\n<div style=\"color: #000000; text-align: start;\">\n<hr \/>\n<\/div>\n<h2 style=\"color: #000000; text-align: start;\">\ub9c8\uce58\uba70<\/h2>\n<div style=\"color: #000000; text-align: start;\">\uc644\ubcbd\ud55c \ud0c0\uc774\ubc0d\uc740 \uc5c6\uc2b5\ub2c8\ub2e4. \uc800\uc810\uc744 \ub9de\ucd94\ub294 \uac83\ub3c4, \uace0\uc810\uc744 \ub9de\ucd94\ub294 \uac83\ub3c4 \ubd88\uac00\ub2a5\ud569\ub2c8\ub2e4.<\/div>\n<div style=\"color: #000000; text-align: start;\">\ud558\uc9c0\ub9cc&nbsp;<b>\uacc4\ud68d\uc801\uc778 \ubd84\ud560 \ub9e4\uc218, \uba85\ud655\ud55c \uc190\uc808\ub77c\uc778, \ud3ec\ud2b8\ud3f4\ub9ac\uc624 \ubd84\uc0b0<\/b>\uc774\ub77c\ub294 3\uac00\uc9c0 \uc6d0\uce59\uc744 \uc9c0\ud0a4\uba74, \uc5b4\ub5a4 \uc2dc\ub098\ub9ac\uc624\uac00 \uc640\ub3c4 \ub300\uc751\ud560 \uc218 \uc788\uc2b5\ub2c8\ub2e4.<\/div>\n<div style=\"color: #000000; text-align: start;\">\uc9c0\uae08\uc740 \uc678\uad6d\uc778\uc774 \ube60\uc9c0\uace0 \uac1c\uc778\uc774 \ubc1b\uc544\uba39\ub294 \uad6c\uc870\uac00 \ub9de\uc2b5\ub2c8\ub2e4. \ud558\uc9c0\ub9cc \ubc18\ub3c4\uccb4 \ud380\ub354\uba58\ud138\uc774 \ub4b7\ubc1b\uce68\ub418\ub294 \ud55c, \uc774\uac83\uc740 \ub2e8\uae30 \uc870\uc815\uc77c \ubfd0\uc785\ub2c8\ub2e4.<\/div>\n<div style=\"color: #000000; text-align: start;\"><b>\uae30\ub2e4\ub9bc\uacfc \uc778\ub0b4\uac00 \ud544\uc694\ud55c \uc2dc\uae30\uc785\ub2c8\ub2e4.<\/b><\/div>\n<div style=\"color: #000000; text-align: start;\">\uc775\uc808\ud55c \ud604\uae08\uc744 \ub4e4\uace0 \uacc4\uc2e0 \ubd84\ub4e4, \uc9c0\uae08\uc774 \uc7ac\uc9c4\uc785\uc744 \uc900\ube44\ud560 \ub54c\uc785\ub2c8\ub2e4. \ud558\uc9c0\ub9cc \ud55c \ubc88\uc5d0 \uc62c\uc778\ud558\uc9c0 \ub9c8\uc138\uc694. 3-4\ubc88\uc5d0 \ub098\ub220\uc11c \uc9c4\uc785\ud558\uc138\uc694. 12\uc6d4 \uc911\uc21c\uae4c\uc9c0 \uc870\uc815\uc744 \uae30\ub2e4\ub9ac\uc138\uc694. \uadf8\ub9ac\uace0 2026\ub144 1-2\uc6d4\uc758 \uc0bc\uc131 HBM4 \uc2b9\uc778 \ubc1c\ud45c\ub97c \uc8fc\ubaa9\ud558\uc138\uc694.<\/div>\n<div style=\"color: #000000; text-align: start;\"><b>\uc6b0\ub9ac \ubaa8\ub450 \ud568\uaed8 \uc0b4\uc544\ub0a8\uc544\uc694! I Can Survive, We Can Survive.<\/b><\/div>\n<div style=\"color: #000000; text-align: start;\">\n<hr \/>\n<\/div>\n<div style=\"color: #000000; text-align: start;\"><b>\uc5ec\uae30\uae4c\uc9c0 \uae00\uc744 \uc798 \uc77d\uc5b4\uc8fc\uc168\ub2e4\uba74, \uc544\ub798 \ub098\uc624\ub294 \uad11\uace0\ub97c \uc0b4\uc9dd \ub20c\ub7ec\uc8fc\uc2dc\uba74 \uc800\ub3c4 \uc5ec\ub7ec\ubd84\ub3c4 \ud568\uaed8 \uc0b4\uc544\ub0a8\uc744 \uc218 \uc788\uc2b5\ub2c8\ub2e4. \uc6b0\ub9ac \ud568\uaed8 \uc0b4\uc544\ub0a8\uc544\uc694! \ud83e\ude75<\/b><\/div>\n<div style=\"color: #000000; text-align: start;\"><b>I can survive. We can survive.<\/b><\/div>\n<div style=\"color: #000000; text-align: start;\">&nbsp;<\/div>\n<\/p>\n<\/div>\n<p>                    <!-- System - START --><\/p>\n<p>        <!-- System - END --><\/p>\n<p><!-- inventory --><\/p>\n<div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>\ub4e4\uc5b4\uac00\uba70 \uc6d0\ud654 \uac00\uce58\ub294 1,470\uc6d0\ub300\uae4c\uc9c0 \uae09\ub4f1\ud588\uace0, \ucf54\uc2a4\ud53c\ub294 4000\uc120\uc744 \uaca8\uc6b0 \uc9c0\ud0a4\uace0 \uc788\uc2b5\ub2c8\ub2e4. \uc678\uad6d\uc778\uc740 \ud558\ub8e8\uc5d0\ub9cc 2\uc870\uc6d0\uc529 \ube60\uc838\ub098\uac00\uace0 \uac1c\uc778\ub4e4\uc774 \ubc1b\uc544\uba39\ub294 \uc0c1\ud669\uc785\ub2c8\ub2e4. \uc774\uac74 \ud3ed\ub77d\uc758 \uc804\uc870\uc77c\uae4c\uc694, \uc544\ub2c8\uba74 \uae30\ud68c\uc77c\uae4c\uc694? \uc775\uc808\ud55c \ud604\uae08\uc744 \ub4e4\uace0 \uc788\ub2e4\uba74 \uc9c0\uae08 \ubb34\uc5c7\uc744 \ud574\uc57c \ud560\uae4c\uc694? \uc548\ub155\ud558\uc138\uc694, \uce94\uc11c\ubc29\uc785\ub2c8\ub2e4. \uc624\ub298\uc740 \uc6d0\ud654 \uc57d\uc138\uc640 \ucf54\uc2a4\ud53c \uc870\uc815\uc774\ub77c\ub294 \ubd88\uc548\ud55c \uc0c1\ud669 \uc18d\uc5d0\uc11c \uc5b4\ub5a4 \ud22c\uc790 \uc804\ub7b5\uc744 \uc138\uc6cc\uc57c \ud558\ub294\uc9c0, \uc81c\uac00 \uacf5\ubd80\ud55c \ub0b4\uc6a9\uc744 \ub098\ub215\ub2c8\ub2e4. TL;DR (3\uc904 \uc694\uc57d) \ucf54\uc2a4\ud53c 4,011\uae4c\uc9c0 \uc870\uc815,&#8230;<\/p>\n","protected":false},"author":1,"featured_media":67,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_kad_post_transparent":"","_kad_post_title":"","_kad_post_layout":"","_kad_post_sidebar_id":"","_kad_post_content_style":"","_kad_post_vertical_padding":"","_kad_post_feature":"","_kad_post_feature_position":"","_kad_post_header":false,"_kad_post_footer":false,"_kad_post_classname":"","footnotes":""},"categories":[8],"tags":[],"class_list":["post-66","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-8"],"_links":{"self":[{"href":"https:\/\/wecansurvive.ca\/index.php?rest_route=\/wp\/v2\/posts\/66","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/wecansurvive.ca\/index.php?rest_route=\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/wecansurvive.ca\/index.php?rest_route=\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/wecansurvive.ca\/index.php?rest_route=\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/wecansurvive.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcomments&post=66"}],"version-history":[{"count":0,"href":"https:\/\/wecansurvive.ca\/index.php?rest_route=\/wp\/v2\/posts\/66\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/wecansurvive.ca\/index.php?rest_route=\/wp\/v2\/media\/67"}],"wp:attachment":[{"href":"https:\/\/wecansurvive.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fmedia&parent=66"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/wecansurvive.ca\/index.php?rest_route=%2Fwp%2Fv2%2Fcategories&post=66"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/wecansurvive.ca\/index.php?rest_route=%2Fwp%2Fv2%2Ftags&post=66"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}