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SK Hynix Overtakes Samsung

SK Hynix briefly surpasses Samsung Electronics to become South Korea's most valuable listed company due to high demand for AI memory chips

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On Monday, Nvidia Corp (NASDAQ: NVDA ) supplier SK Hynix briefly surpassed Samsung Electronics (OTC: SSNLF ) to become South Korea’s most valuable listed company. 3 trillion won, The milestone marked a historic shift in South Korea’s corporate hierarchy, with Samsung having held the top spot since 2000. 14% at KRW 354,500 (about $230). S.

technology companies. SK Hynix has emerged as one of the biggest beneficiaries of the trend thanks to its leadership in high-bandwidth memory, or HBM, chips used in AI accelerators. Read Also: Nvidia Supplier SK Hynix Ships Next-Generation HBM Memory Samples To Major Customers SK Hynix Emerges As A Major Winner Of The AI Boom South Korean memory chipmakers have reported record profits as the rapid buildout of AI data centers has tightened supply and pushed memory prices higher. Investor enthusiasm has been particularly strong for SK Hynix.

The company’s shares have climbed more than 327% year-to-date, significantly outperforming Samsung Electronics, whose stock has gained roughly 175% over the same period. The latest jump also reinforces SK Hynix’s growing importance in the AI supply chain. The company is a key supplier of advanced memory products used alongside graphics processing units powering generative AI applications.

Trillion-Dollar Valuations Highlight Semiconductor Industry Shift In May, SK Hynix joined Samsung Electronics and Micron Technology (NASDAQ: MU ) in surpassing the $1 trillion market value threshold, reflecting investor confidence that AI-related spending will continue driving semiconductor demand. 6 trillion. -listed ETFs with exposure to South Korean equities, the iShares MSCI South Korea ETF (NYSE: EWY ) and Franklin FTSE South Korea ETF (NYSE: FLKR ) count both SK Hynix and Samsung Electronics among their largest holdings. 33% of assets.

Disclaimer: This content was partially produced with the help of AI tools and was reviewed and published editors. com