Samsung shares spike on Groq news
Social posts say Samsung shares jumped roughly 3.9% after reports it is producing Groq’s LP30 at full capacity and will ship units in H2 2026 reported. The move shows markets pricing foundry and memory wins into Samsung’s near‑term outlook.
At Nvidia’s GTC keynote, CEO Jensen Huang publicly thanked Samsung for fabricating the Groq-designed inference chip and said the parts “are in production” and “would be shipped in the second half of this year.” (investing.com) Markets responded with intraday moves: Samsung shares peaked at 198,000 won and were trading around 196,000 won — a roughly 3.9% gain — while the wider KOSPI was up about 2.4% as of the reported timestamp. (money.usnews.com) Industry sources report Groq has asked Samsung Foundry to lift output from roughly 9,000 wafers last year to about 15,000 wafers this cycle, a near‑70% increase tied to the start of mass production. (biz.chosun.com) The chips tied to these orders are being manufactured on Samsung’s advanced 4‑nanometer node at its foundry business, with the Taylor, Texas facility repeatedly cited as the U.S. production site. (semiconductorpackagingnews.com) Several trade reports say the Groq‑derived inference designs being produced at Samsung rely on on‑chip SRAM architectures rather than conventional HBM stacks, a choice suppliers link to lower power and latency for inference workloads. (techinasia.com) Local coverage and industry reporting narrow the expected first shipments to the mid‑year window, with some outlets flagging the third quarter of 2026 as the likeliest start of customer deliveries. (koreajoongangdaily.joins.com)
