Samsung Stock Rises Despite ADR Denial as Anthropic AI Chip Deal Boosts Optimism
Bloomberg reported that Samsung Electronics had held preliminary discussions with banks about a possible ADR listing in the US. According to the report, the conversations were in their early stages, no decision had been made, and the proposal might never move forward. Bloomberg also noted that the success of SK Hynix’s recent ADR debut had renewed internal interest in revisiting the idea.
Hours later, another reported revealed that Samsung rejected the claim. A company spokesperson said Samsung Electronics “is not reviewing the possibility of issuing American Depositary Receipts,” directly pushing back against the Bloomberg report.
Despite the conflicting headlines, Samsung stock closed about 3.3% higher at ₩263,000, suggesting investors were looking beyond the ADR speculation. The stock has also received support from improving sentiment around the semiconductor sector. This mostly as demand for AI infrastructure continues to accelerate