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TechFlow News, June 25: Jeff Kim, Head of Research at Jefferies, stated that Samsung is highly likely to follow SK Hynix’s lead and list in the U.S. market via American Depositary Receipts (ADRs), which would boost the stock prices of Korean chipmakers—whose valuations currently trail Micron’s. “Chip stocks are at an inflection point. ADRs will serve as a key catalyst for lifting their valuations,” he said. (Jinshi)
Jeff Kim, Head of Research at Jefferies, stated that Samsung is likely to follow SK Hynix’s lead by listing in the U.S. market via American Depositary Receipts (ADRs), which would boost the stock prices of Korean chipmakers whose valuations currently lag behind Micron’s.
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