Samsung Electronics' foundry (contract manufacturing of semiconductors) division signed a contract worth more than 20 trillion won with Tesla in the United States, causing the stock prices of materials, parts, and equipment companies in the value chain to surge.
Shares of Soulbrain, which supplies materials to Samsung Electronics' foundry, traded at 231,500 won on the KOSDAQ market at 2:27 p.m. on the 28th. The stock price rose by 15.17% (30,500 won) compared to the previous trading day.
Semiconductor equipment company Wonik IPS also recorded a stock price increase of over 15% at the same time. Post-processing company DOOSAN TESNA reached the upper limit price for the day.
In addition, stocks of corporations related to Samsung Electronics' foundry, such as DONGJIN SEMICHEM, HANA Micron, and Nepes Ark, are showing strong performance.
The expectation is growing that investment in the Taylor fab in Texas will accelerate as Samsung Electronics' foundry division secures a contract with Tesla.
Samsung Electronics announced that it has received a foundry contract worth 22 trillion 76 billion won. The contract period is until Dec. 31, 2033. While Samsung Electronics did not disclose the client, Elon Musk, CEO of Tesla, revealed the contract.
Musk said, "Samsung's new factory in Texas is expected to focus on the production of Tesla's next-generation AI chips," adding that "the strategic importance of the Texas fab cannot be overstated."