Group 1 - Samsung has secured significant orders for its 2nm chips from two major Chinese cryptocurrency mining companies, MicroBT and Canaan [1][3] - Both companies will utilize Samsung's 2nm Gate-All-Around (GAA) technology to produce Application-Specific Integrated Circuits (ASICs) for their mining equipment [3] - The total order volume from MicroBT and Canaan is approximately 2,000 12-inch wafers per month, which is estimated to generate around $480 million in annual revenue for Samsung [3] Group 2 - TSMC holds a dominant 71% market share in the global pure foundry market as of Q2 2025, while Samsung's foundry division ranks second with only 8% [3] - Due to TSMC's current capacity saturation, Chinese manufacturers are turning to Samsung as an alternative supplier [3] - MicroBT's orders have already commenced production at Samsung's S3 production line in Hwaseong, South Korea, while Canaan plans to start wafer production in early 2026 [3]

Core Viewpoint - Samsung has secured significant orders for its 2nm chips from two major Chinese cryptocurrency mining companies, MicroBT and Canaan, indicating a shift in supply chain dynamics within the semiconductor industry [2][4]. Group 1: Orders and Technology - MicroBT and Canaan have signed agreements to utilize Samsung's 2nm Gate-All-Around (GAA) technology for producing application-specific integrated circuits (ASICs) for their mining equipment [4]. - The total order volume from these two companies is approximately 2,000 pieces of 12-inch wafers per month, which translates to an estimated annual revenue of about $480 million (over 3.4 billion yuan) for Samsung [4]. Group 2: Market Dynamics - TSMC holds a dominant 71% market share in the global pure foundry market as of Q2 2025, while Samsung's foundry division ranks second with only 8% market share [4]. - Due to TSMC's current capacity saturation, Chinese manufacturers are turning to Samsung as an alternative supplier [4]. Group 3: Production Timeline - MicroBT's orders have already commenced production at Samsung's S3 production line in Hwaseong, South Korea, while Canaan plans to start its first wafer production in early 2026, with chip deliveries expected in the second half of the same year [4].