Economy12:34 · 7m ago

Samsung Considers Possible Nasdaq Listing Amid AI Chip Demand Surge

Calcalist
Translated & summarized from Calcalist by baba
The story · English

Samsung is in early discussions about a potential listing on a U.S. stock exchange, Bloomberg reports, citing sources familiar with the matter. The South Korean tech giant has held preliminary talks with banks but has not yet decided whether to proceed with the listing. The company plans to monitor the volatility of chip stocks as part of its decision-making process. These discussions are at a very early stage and may not result in an actual listing.

Samsung is South Korea's largest company by market capitalization. Last week, SK Hynix, the country's second-largest by market value, completed a Nasdaq listing, raising a record $26.5 billion for a foreign company. Samsung, SK Hynix, and U.S.-based Micron dominate the global advanced memory chip market. Demand for these chips has surged due to the AI industry, driving Samsung's stock price up 120% since the start of the year.

Unlike SK Hynix and Micron, Samsung has a more diversified business portfolio, including smartphones, computers, home electronics, and display manufacturing for other companies. Bloomberg notes Samsung has previously considered a U.S. listing but chose not to proceed. The recent successful Nasdaq listing by SK Hynix has renewed Samsung's interest, though current talks remain exploratory rather than concrete plans. Samsung has not commented on the report.

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