SK Hynix joins Samsung and Micron in $1 trillion club as AI boom fuels chip stocks
By
Stephanie Yang
Baker's choice. Dense with flavour, light on filler.
Summary
SK Hynix, a South Korean semiconductor giant, joined the $1 trillion market cap club this week, following Samsung Electronics and Micron. The surge is driven by the global AI boom that continues to propel chip stocks to record levels. These three companies together dominate nearly all of the memory chip market.
Key quotes
· 3 pulledSouth Korean semiconductor giant SK Hynix became one of the few companies in the world with a $1 trillion market cap this week
a global AI boom continues to propel chip stocks to record levels
The three companies combined account for nearly all of t
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