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The Nexus
BUSINESSMay 27 · 10:43 UTCSEMAFORPrashant Rao

AI chipmaker SK Hynix hits $1T in market capitalization

SK Hynix, a South Korean memory chipmaker, reached a $1 trillion market capitalization driven by AI-driven demand. Samsung and Micron also recently crossed the $1 trillion threshold, while an AI chipmakers ETF surged 87% in seven weeks. Analysts predict a structural upswing in memory chip stocks, though some remain skeptical about the industry's volatility.

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