GCT Semiconductor shares rise 82.63% intraday after licensing 5G/4G chipsets to major satellite provider.

GCT Semiconductor Holding Inc. (GCTS) surged 82.63% intraday following the announcement of a licensing agreement with a leading satellite communications provider to integrate its 5G and 4G chipsets into the latter’s user equipment. The deal, disclosed on January 29, 2026, enables the satellite provider to leverage GCT’s newly released 5G chipset for direct-to-satellite applications, with shipments expected as early as the second half of 2026. The collaboration aims to accelerate global 5G-to-space connectivity, combining GCT’s advanced semiconductor solutions with the satellite provider’s global network to enhance resilience and bandwidth. The agreement establishes a clear revenue pathway for future chipset sales and underscores GCT’s strategic position in the emerging non-terrestrial connectivity market, positioning the company to benefit from the growing demand for unified terrestrial-satellite networks.