Deep Tide TechFlow message: On June 25, Jeff Kim, head of research at Jefferies, said that Samsung is likely to follow SK Hynix’s lead by listing on the U.S. market through American Depositary Receipts (ADRs), which will boost the share prices of Korean chipmakers whose valuations lag behind Micron. “Chip stocks are at a turning point. ADRs will become an important catalyst to drive their valuations,” he said. (Jinshi)