Samsung Says It Isn't Considering U.S. ADR Offering
By Kimberley Kao
Samsung Electronics said Tuesday that it isn't considering the possibility of issuing American depositary receipts.
The statement came after Bloomberg reported that the South Korean chip titan is in the early stages of exploring a potential U.S. listing, citing people familiar with the matter.
Rival SK Hynix's ADRs soared on their Nasdaq debut as it pulled off a $26.5 billion U.S. share sale, the largest ever by a foreign company.
Chip stocks have experienced volatile trading in recent weeks as investors reassess whether the rally in technology companies underpinning the artificial-intelligence revolution has been justified.
Write to Kimberley Kao at kimberley.kao@wsj.com
(END) Dow Jones Newswires
July 14, 2026 05:41 ET (09:41 GMT)
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